As a CPA, it's very client dependent.

At least we know with 10 or so people using the account, all the credits will get used monthly. 

This would hopefully maintain strong cashflow from the property will providing some capital to use for the next property acquisition. 

@Dan Wang FWIW - In the 1031 space we see very few investors who make the switch from "active" commercial investing to "active" residential investing. 

These contractors can be on the pricey side you'd want to make sure the #s work before considering a reputable contractor.

Hey Zahra,Have a lot of clients working down there and you are correct, it has become a great place for investors.Biggest differentiator that I have seen has been on appraisals after the repair.

Doing it the right way is cheaper in the long run . 

Once to him and he stole the money and once to the sub to remove the lien.

I got the commitment letter and Chase will do funding tomorrow.

The paid off student rental plus the 2nd student rental helps pays off the mortage for 2nd student rentals and living expenses for me and my wife. the duplex was  cash flowing approx  $300 month with the old tenants We manage everything ourselves with some help from our family.