Purchase price: $465,000 Cash invested: $125,000 Four Family Property bought in an exchange, was in fantastic condition with just one unit that needed to be made rent ready.

Can it still qualify for 1031 because the rule is u have to live in it or rent it for 2 out of 5yrsSecond, if I buy a property, renovate it and sell within 3/4 months, can it qualify for 1031 because I heard u have to hold it for 1 yr.Is coop sale and exchange with purchase of single family home "like kind" of exchange?

I bet a good amount of money that he never calls either.

Until that happens, with either scenario, a way to increase your cash returns could be to buy EDV, it's a Vanguard exchange traded fund that holds 20 year and 30 year zero coupon US Treasuries, such that whenever the 10/20/30 year bond yield goes down, its value goes up.

Sticking with one state, once you fully understand it and learn all of the laws is your best bet.

Management fees- free rent in exchange for licensed agent living in the community and coordinating work orders, etc. $288,000 income - $199,600 expenses without management and landscaping = $88,400 / year or $7,366/month.

But I'm willing to bet that what current C4D holder is trying for, so his $ is a joke too. 

I completely agree with the other answers that getting someone to help you is a good bet, having someone in your corner who understands the intricacies of the tax code rather than DIYing that should save you more money (and time) than you're paying them ever since I got my first rental I've had a pro doing my taxes but kuddos to you for being able to juggle so much for so long on your own!! 

Your best bet is to take a 12-36 month STEPDOWN prepayment penalty. 

AI has been around forever, how do you think sports betting lines get their spreads?