RCV: $244,000AOP Deductible: $4,000Hurricane Deductible: 2%Liability: $500,000If I remember right, steadily quoted me around $4,000 for the same property so you may be able to find something a bit better depending where in Alabama you are. 

The reason I ask is that depending on what financing option you utilize, if that bank requires you to close in an LLC then the 1031 exchange may not work. 

Tell him there is a termination fee, but you'll waive it if he shows a copy of the death certificate.That's what I would normally do, but it depends on how long he's been a tenant, how good he was, and other factors.

I know plenty of my client's are cash flowing here in Phoenix it just depends on your strategy.

@Kurt Traynorit depends on what you're trying to do. 

You have a leg up on most in that you understand regiment, organization, responsibility, and dependability. 

Solid working class neighborhoods B- thru C depending on where you are.  

It depends on your current goals, in my opinion.

Usually, we keep the renewal to a discount to market rent to incentive people to stay and not incur vacancy and turnover costs, but that discount depends on many factors. - How good of a tenant are they?

Depends on the size of the kitchen.