Specifically, under a properly structured Trust the following limitations will apply during the period that the property is held by the Trust: (i) the Trust cannot raise new capital; (ii) other than in the case of a tenant bankruptcy or insolvency, the Trust cannot renegotiate or modify an existing loan nor can the Trust refinance or enter into a new loan during the period that the property is held by the Trust; (iii) the Trust cannot renegotiate or modify its existing leases or enter into new leases other than in the case of a tenant bankruptcy or insolvency (in the case of a Trust that adopted a master lease structure, this limitation applies to the master lease and not the underlying third-party leases); (iv) the Trust cannot reinvest the proceeds from the sale of the property; (v) the Trust cannot modify or improve the property other than undertaking normal maintenance or minor non-structural repairs; (vi) the Trust cannot hold its reserves other than in cash or short-term obligations; and (viii) the Trust must distribute all of its cash, other than cash held for normal reserves, on a current basis.

In order to facilitate a 1033 you would sImply use those funds to either rebuild on the land, or the replacement can be a new investment propert purchase.

If you want to activate it, you can simply log in with your BP Account - Activate RentRedi Perk

This is simply due to your out of pocket expense being cut in half to $32k.Reiterating the closing cost figures...if you're paying 2% at closing your front-end closing costs are WAY higher than they should be.

Literally every property you buy (assuming you're not an idiot) will gain value simply due to appreciation, if not cash flow and the other adds...Most businesses fail in the first few years...... 

But if you buy the property well, your downside risk is that it is short term rentals don't work, and you can simply sell it for hopefully no less than what you paid.That would be my mindset.

It's simply a numbers game. 

I would simply pull out the money I put in and equity that has been built and use that money to buy another house in cash?

.- I used an estimate for taxes/insurance using ChatGPT data but need to check County Assessor-Not worried about Section 8- simply uneducated on any requirements above/beyond a typical tenant and how to go about keeping tenant and later increasing rent w/ S8. 

I would love to simply walk away but TX is a recourse state for deficiency judgements.Buying was a blunder and this has been an expensive lesson.