Get out of your comfort zone.

Hello Everyone,I’m excited to be part of this community!

However, if your business owns real estate, that portion of the sale may qualify for a 1031 exchange, allowing you to defer capital gains taxes by reinvesting in another like-kind property.

Every state has a slightly different process, and time frame for each step, so you may want to consult a Realtor for your state process.

(No mortgage on any).the cash flow is a total of $3,100 a monthDo portfolio loans exist for these kind of situations?

In neighborhoods that won't attract high credit score tenants, I've found that a stable job history with a MINIMUM of 1 year at current or previous job to be the best indicator of a great tenant. 

The Phoenix real estate market continues to be a hot spot for investors looking to maximize returns.

It would just need to be a situation where they have great contact with the person doing that managing of the project (I.e. have known the person for years, great reputation, person has experience in flipping etc.).

When a large portion (or all) of the rent is paid by the government, you eliminate a major risk.

We'll be renovating it over the next several months and then getting a renter in it. 1/16/23 Update.