I’m a fan of harvesting the equity to buy more and more cash flowing properties with zero out of pocket cash for down payments.

I prefer the forum used for investors with actual questions.I am not a fan of what you call reverse trolling.I am not a fan of posts in the forum which have no questions and are basically blog posts.

WongNot everyone is a Quickbooks fan.   

Inside of drawers, ceiling fans, vents, cobwebs on the porch, etc.. 

If there was no appreciation, there is no need to do a 1031 exchange.I have never been a fan of condo's as you lose some control over the investment - You have no control over the monthly maintenance fees, you may not have control over who is on the board, you have no control over special assessments.I wish the investments turn out well for you!

I'm joining the pace Morby community so any sub to fans let me know!

Based on my experience of running properties, even if the build were to cost you as much as $600k but you could generate $125k/year, you'd be very happy with that investment. 

@Edward Toomey V,   agree; NOT a fan.

Things to consider when buying a new build are appliances, fans, blinds, and back yard landscaping; sometimes we can get appliances included, it just depends on the situation.

I'm fine with doing some minor fixes and improvements to a property: Adding overhead lighting/fans, better flooring, maybe redoing a main bathroom.