The 1031 Exchange reinvestment requirements would only pertain to the portion of net sale price, net equity and taxable gain allocated to the rental property portion.

While the PI payment is 52% of the gross rent, I have other rentals to cover any problem, and the house will be paid off before I am 60.While we have all agreed that 50% pertains to the expense side of long term holds, we do have debates on how much should go towards debt service.

I now have the contact information for the attorney that is handling this estate.Owners Son has verified with attorney that everything we've discussed is legal and do-able.I've left a voice mail with that attorney requesting a call back to go over questions I have.Will be meeting with owners Son again Saturday to pick up 'maintenance' lease agreement and copies of all documents pertaining to the estate.

So, sellers can also be asked to sign notarized affidavits personally guaranteeing the validity of leases and ledgers.So now, let’s get to the clause to include on your purchase agreement to make sure you get all this information in enough time toreview it.Seller(s) agrees to provide the following to the buyer within X days of buyer’s satisfactory inspection, but in any case at leastX days before closing: All rental leases, rent ledgers, tenant(s) valid phone numbers and email addresses, rental applications& supporting tenant identification, income and asset information, any documents corresponding to any ongoing legalactions pertaining to the property, leases, service contracts, etc., at least three (3) months of the most recent bankstatements for any account(s) rental funds were paid into and any company or corporate tax returns for proof of income andexpenses.

To follow up on topics discussed, I've included some articles pertaining to the rebranding of South LA (SoLA), Los Angeles Zoning, New Developments in LA and the LA Rent Control site.

Updates: I called the lawyer and told him I didn't have an insurable interest on the property where the tenant was injured so I couldn't provide any insurance coverage that pertained to the parking lot.

Never turn off the HVAC (thermostat) when leaving the house for longer than 24 hours.No grease and oils down drains.No coffee grounds down drains.No hair down drains (try a hair catcher in showers)No nail clippings down drains.No wet wipes/baby wipes down toilets, even if they say they’re flushable.Max allowed vehicles in household = 4No pets of any kind.No salt or salt-based products on driveway and walkway.I also list out all the issued items for the house (most of this pertains to my SFH, not my other smaller units):House key(s) (2)Mailbox key(s) (2)Garage door opener(s) (2)Sliding door key(s) (2)Living room ceiling fan remote control (1)Bedroom ceiling fan remote controls (2)Gas fireplace remote control (1)Large outdoor trash bin (1)Large outdoor recycle bin (1)Indoor trash/recycle bins (2)

You will be asked under oath as to where the funds came from and required to give all pertaining information.

Yes, I agree, but my question is pertaining to rates that PM's charge.

However you might want to check out The White Coat Investor Blog as it covers many things pertaining to those in the medical profession and investing and all things thereafter.