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!

@Jay Hinrichs Thanks Jay, I will probably bounce back into the government (DOD) with my Special Operations network.   

We loved parts of Quepos and Uvita the most.Congrats on your Wedding and I hope you have a wonder special DAY!

Found this off-market deal through a local wholesaler specializing in distressed properties.

Found this off-market deal through a local wholesaler specializing in distressed properties.

I specialize in STR/MTR and I have managed a few in Oceanside.

Right now, land (unless in a hot market) takes a special type of buyer/developer to turn it into money, so you're better off finding the thing the people with the money want. land tends to sit a long time...

He left the tenant with a special enzymatic solution that was supposed to address "food and grease" issues.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

@Kyle CarterFor PM, ask how many rental properties they currently manage, what types of properties they specialize in, and their process for screening tenants and handling maintenance issues.