Of course I don't know what you have, but typically what I see is probably better to sell it and maybe buy two in Someplace like Sherman if your resources allow that.

Find a buyer who will offer you a typical standard transaction or you may be messing around with a seller financed deal for 6-12 months and then it falls apart anyway.

Typically: Pros: - Fully passive- Equity growth (hopefully) - Smooth process Cons: - No control- When they liquidate, you liquidate and need to 1031 again (usually they have other funds set up, however) - Make sure debt is rolled over correctly Hope this is helpful!

The tenant has been facing these excessive charges for about three months but only just reached out to me.In Akron, I understand that the property owner is typically responsible for the bill, though our lease specifies that the tenant is responsible.

Typically, tangible personal property qualifies, but real property does not unless it meets the definition of qualified improvement property.* The importance of consulting a CPA—The Section 179 election can be a valuable tax strategy, but it’s also complex and should be made in the context of your entire tax picture.

You typically get one better than the other. 

Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Stuart - so you think the play is single family homes in "nicer" areas vs the typical multifamily geared toward childless singles?

Will hard money lenders typically lend on properties less then 100k?

These loans are tailored for investment properties and can help clients maximize cash flow without the typical income verification hurdles.