I would be less concerned about the cheapest money and more concerned about decent terms and execution.

I would recommend that they invest in an inexpensive 'white noise' machine to help muffle the sound but that no property is completely sound proof and the upstairs tenants are well-aware of their concerns and are respectful.Always 'entertaining,' huh?

What was killing me was that I thought I was being told that preparing for vacancy/management/maintenance/repairs/etc. was so much less important than appreciation, that I shouldn't concern myself with cashflow at all and just pay whatever price with total disregard for carrying a mortgage for 30 years and concern myself with only the mortgage PITI.

s post and Dave Foster's response cover the options concerning 1031 exchanges.

I keep going back and forth concerning this property. 

some rates you can buy down permanently (maybe .5% or something) OR you can do a temporary buydown like I did.

If you have any concerns, you may also discuss alternative payment options with your tenant.

Your sphere is concerned with buying beer and cigarettes, not houses.

I want to know how is rental market in Austin area and my main concern is Property value went up recently and how it's coming along on rent and is there any opportunity for cash flow in austin marketThanks

I have a few commercial bank contacts, but concerned they may just cut me out of the deal.