I lived in St Paul for 19 years and now live in a suburb of St Paul for the last 6 years.

My last note would be to try to buy 3 or less replacement properties, it makes the exchange much easier and you avoid some additional rules.

My grandmother is the last tenant in a string of their abandoned properties.I don't want to be stuck with trying to figure how to dispose or move the trailer.

I haven't heard of any, but met with a few people in the twin cities last year.

I signed up last year and I'm just now started to take my investment plan seriously. 

this is a direct relation to lack of inventory.. new construction on many markets is as robust as its ever been.. we have had spectacular years the last 3 years of course during covid was tough with supply chains but my 500k house I am now selling for 700k and my build cost have gone up by maybe 100k.. so record profits for us.. 

With the increase in prices and competition over the last few years, these figures were so divorced from reality that these people now typically advertise 8% to 10% at the most, which, unsurprisingly, is still higher than reality.

But, I had a vision, and I had a decent chunk of capital to start with (don't worry, that didn't last).

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Nectar doesn't take any lasting ownership interest.