Choosing the wrong 1031 Exchange Qualified Intermediary to administer your 1031 Exchange could be a very expensive mistake due to the Qualified Intermediary's critical fiduciary responsibilities and obligations through out your 1031 Exchange transaction.You may focus all too often on issues such as size of the Qualified Intermediary, 1031 Exchange fees, interest rates paid, turn around times, branch office locations, and the like, when interviewing potential 1031 Exchange Qualified Intermediaries.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

The prices are still really affordable compared to other cities, but you get solid rental income potential.

This allows you to keep more money working for you in the real estate market, potentially helping you grow your investment portfolio faster.

Sufficient infrastructure: Companies select locations with major airports, highways, and a large population of potential workers.

There seems to be a lot of potential in Poughkeepsie.

Do you plan to move back to the states or potentially live in this property again?

After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).

Work with experienced local realtors, attend investor meetups, and use tools like Zillow, Redfin, and Rentometer to analyze potential properties.Good luck!

With your background in architectural design, you're already ahead of the game in understanding spaces and their potential!