DC is where the most multis exist in the metro area. $650k ypu could be in Deanwood, Anacortes, and those swaths of SE and NE DC.

There’s a lot of misinformation out there that is presented as knowledge.One can do a reverse exchange where one buys the new property first and then sells the original property after - all via a 1031 process. https://www.investopedia.com/terms/r/reverse-exchange.aspReverse exchanges do exist and they are “legal”. 

If CD's were better, how could "O" exist and pay what they do???? 

As I am doing this, can I start to ask my existing tenants to sign new leases with the LLC and make payments to the said LLC or do I need to wait till everything is done. 

The property is an existing STR and the historical P&L data is solid.

In some situations, a landowner might be able to purchase beds already with a license from a an existing assisted living facility.

-How to negotiate the wholesale deal or a seller financed deal leaving the existing loan in place.

I think the problem exists because we treat squatters like tenants with legal rights.

Hi @Alecia Loveless,Your problems with this tenant illustrate that going out of your way for an existing tenant, investing extra money in their unit that you normally wouldn't spend until turnover at their request, doesn't get you any favors in return.

Well, the major risk is always having to cover debt with lagging or non-existing income.