Home sales have reached their lowest point since 2010, driven not solely by high interest rates and low inventory but by shifts in household incomes and confidence.As fewer people search for homes, this altered sentiment trickles up, impacting business and investor confidence.

We identified 2 properties and one of them was already sold to someone else so we are left with this one but want to make sure that the numbers make sense and we are not missing anything.

And as long as the purchase of the replacement property meets the timing requirements of all of the sales (identified on the 45 day list and purchased within 180 days of the first sale) then you will defer all tax from both sales.

I wish the parties the best in moving past this issue we’ve identified…as I suggested, you should contact all the tenants and proceed with a new lease with those that are interested in doing so.My question to the forum:Has anyone ever ran into this before? 

You can quickly search a licensee on the NMLS website with their license number.  

I've identified hopefully like mr Henry says, start small and make your big mistakes early, a small town in TX that seemingly could use more storage.

I’m eager to connect with seasoned investors to explore how I can assist in identifying and securing great investment opportunities for them.While I’m committed to providing value to my clients and partners, I’m also here to learn from those with more experience.

In particular, you need to identify what criteria is necessary to optimize ADR with respect to price.  

After identifying the potential, we negotiated with the seller for a $10,000 purchase price, leveraging our expertise in recognizing under-valued properties.

Make sure you have a handyman contact and also research to find emergency service people (plumber for sure). you dont want to have to go searching at 11 pm at night because of an issue.