Obviously as an investor we can't live with that kind of cost structure, but it gives you a sense of reality. 

Partnership interests are not considered like kind in a 1031 exchange. 

Be sure to check out “Learn” for all kinds of useful resources and free how to guides.

 I’m thinking about what I would do if I was 19 and given that kind of money.

I kind of saw same in terms and conditions.

It seems to me, with these laws, that property managers / land lords, will be less likely to give anyone a break or show a kindness. 

That way you can legally negotiate all kinds of fee structures with other operators.Second option would be to just go ahead and do your own deal.

West is pretty affluent and finding those kind of deals are true needles in the haystack.

This is the kind of info we need to get better with and have not put that much time into yet. 

Guy was a true pro knew how to run his bizz.the next year same town Hamilton MT.. terrible no info sheet when you got there so could not figure out wifi..one of those stupid TV systems U cant figure out RoKU i think they call it .. jsut the worse.. then this last year kind of middle of the road furniture was old beds were bad house was clean and that was about it..