I currently work in the turnkey investment world helping investors create a real estate portfolio, if you are ever interested in trading different strategies and goals, I'd love to connect! 

You have he ability to connect multiple accounts if you would like to setup different properties like this.

How long it takes to be financially ready is different for everyone.

Repurpose the money into a variety of different options.

The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.

As an investor (and previous Appraiser) myself, I have a little different way of looking at the vacancy, maintenance, and cap ex.

All the tax deferral of the 1031 and still using it to purchase your next primary residence as well.

After they moved in, we started to get some mild complains from our neighbors (for the rented unit which was our primary residence until we moved out in another house a few miles away). 1.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.