Partial 1031 Exchanges can be very effective in keeping your tax liability away from the 20% capital gain tax rate and the 3.8% Medicare Surcharge (Obamacare tax). 

But I would factor in keeping $30,000 cash in my pocket by doing the FHA instead of a conventional mortgage. 

This is coming as a 15 year, out-of-state investor - my recommendation is to ALWAYS choose whatever city you have the most trustworthy contacts in. Keep

If your ROI is higher than the interest rate and you don't have access to other funds, there is no harm in keeping them.

My family and I are interested in keeping the home and using it from time to time it is still has a mortgage.we are trying to decide between a long-term rental and a short-term vacation rental.

Every taxing district has different laws so, find out the laws of the districts you will be playing in. Keep

In keeping and renting the property there is also the option of refinancing the loan which will insure cash flow but reset the amortization schedule and of course lengthen the payoff term. 

Neat project.If I were to play potential buyer, taking mental notes....Drive Up:) Multi-colored brick is an acquired taste but looks in keeping with the neighborhood.)

@Carey EdmundGreat to see that the calls have been coming in keep pushing forward that first deal will happen and when it does its on to the next.

However, I am remaining optimistic and looking at this as a positive, cause it allows me to continue learning all that I can about the industry, save more money, get business items in order before the opportunity presents itself and dive in!Keep