If you paid $950k and only get $1M after selling costs, don’t bother with the 1031.

Hi Chris, As financing costs will be a big factor in determining profitability, you should be asking HMLs for proposals to fund. 

You can also make your place more trouble-free by fixing things up front that are most likely to break (new light fixtures, light bulbs, door locks, etc.).

Some free happy hours, but the regular meetings are about $20.Saturday morning in East Ft.

And cost is not coming down.

However, the opportunity cost is that I won't have funds to invest with my current salary as long as I have this house.

If you ever want to get into a tenant nightmare of costly potential litigation become a landlord, have the ac go out in Phoenix in July, and inform the tenant that you just don’t have the funds to replace it!.    

Start with BiggerPockets Ultimate Beginners Guide (free).

.$8,000 would likely go away in closing costs.

24 dead now as of this morning.....Costs are already estimated at $250 billion, high winds returning (50-70 mph) through Wednesday.