Usually no more than the allowed 43-45% back end ratio.

Or a home in my area I can get for 25-45/sqft versus over 100/sqft new.

I live 45 min.

Right now we are up to 45 units.

I have closed 3 in 45 days, which isn't a hell of a lot of SFR but more than i thought i would be able to do.

Banks quote 45-90 days to get a decision.

For 45-65k you can own one of his turn key properties in a B class neighborhood with rents from 700 - 900 a month.

I've been researching the Indianapolis Market now for about 4-5 months.

I've been paying off my loans for 5 years and have 5 to go and honestly at this point I could pay them all with about 4-5 months of cash flow from my RE investments but what's the point?

Additional info:primary 1031 exchange rules and requirements include: 1) same taxpayer: the taxpayer who sells is the taxpayer who buys, 2) property identification within 45 calendar days post closing of the first property, 3) purchase of the replacement property within 180 calendar days, 4) trading up: the price of the replacement property is equal to or greater than the old or relinquished property, 5) hold time supports the intent to hold for investment, and 6) related party transaction regulations.