Thinking about 1031 option and buying more income producing properties possibly in other parts of the country.   

Then when it aligns, start doing it.Books and videos are as good as the time they were produced, you're going to want to get a pulse on the actual beat of the floor. 

I get that.. but if your a top producer this is just cost of doing bizz to the title company orr closing attorney if your a one off agent you may have to pony up the money but to me it was necessary..

.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.

The marketer (guru) severely understates the amount of capital, time, and knowledge needed to produce successful results.And the above mentioned are the BEST case; not even mentioning the guru strategies that are fraudulent, illegal, unethical, and plain not realistically achievable.  

I put the cash from the refi back into more mutlifamily units that produce more rental income. 

Like others have mentioned, there’s appreciation, depreciation, leverage, and tax benefits that produce a compelling risk adjusted return. 

Most lenders sell their loans out.Nobody wants a loan where the asset is underwater every month.The real question is, why is a property worth over $1M only producing $4,000/mo.You should consider raising rents as this seems significantly below market.

Each strategy produces slightly different rent rates.

However, you will find it difficult being that both of you are W-2 with your main activity to produce income being outside the real estate profession.