I am considering a 1031 exchange to transition from a rental property with a 5% gross yield to investments in areas like Georgia or North Carolina, aiming for higher returns.

I have signed for the exact same program last month but they eem to hire disrespectful Frat jocks as employees who insulted me a fee times and get mad at me.

I agree $66k gross is not impressive, but without theming, you don't stand much of a chance.

You can buy those new construction and the rents are strong enough to do ok. 50k to 60k gross by year 2.

Almost 100,000 employees.

I was lucky enough to find a property just a few blocks from my TK purchase that was in excellent condition, fully tenanted with two units, passed the inspection with flying colors and is grossing close to the 2% rule.

All Contractors are subject to the lender’s determination that the contractors are qualified and experienced, have all appropriate credentials required by the state, are financially able to perform the duties necessary to complete the renovation work in a timely manner, and agree to indemnify the borrower for all property losses or damages caused by its employees or subcontractors.Multiple Specialized Contractors:Ø Since this is a limited repair/renovation program, no General Contractor is required.

Part of the deal, just annoying when payments don’t go through when they should and these companies are difficult to deal with (as nice as their Filipino call center employees are, I’m spending too much time on the phone with them).   

If none of those scenarios apply and the building is in fact grossing ~$10,750/m reach out because the building is not in a $115K door neighborhood in which case I would be interested and can find a way to involve you and make sure you're compensated :)

If you want to fill your property with residents sourced from the companies above, imagine being the overworked, relatively low-level employee tasked with finding the appropriate housing ASAP.