Thinking about 1031 option and buying more income producing properties possibly in other parts of the country.   

We are a good company with incredibly hard-working people.

I get that.. but if your a top producer this is just cost of doing bizz to the title company orr closing attorney if your a one off agent you may have to pony up the money but to me it was necessary..

I taught myself Spanish, I already know the construction crews in the area, the realtors, the communities, the land, I have someone managing the property, I have a maintenance crew… I already did an incredible amount of the work involved in finding a deal and turning it around through reconstruction and proper management.

Dave, first off, congrats on this incredible opportunity—it’s one many of us dream about!

Then when it aligns, start doing it.Books and videos are as good as the time they were produced, you're going to want to get a pulse on the actual beat of the floor. 

it will show you how many times it was sold and how much they made (usually millions)Hi Laura, would you please recommend a dependable service who would produce accurate, high quality, court-ready documents?

.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.

Quote from @Brandon Croucier: 20% down is terrific on land.It’s a non income producing asset which has increased volatility, typically I see 65 LTV max on land as of late.Thank you Brandon!

@Michelle Reid Both LTR and STR strategies are viable and currently producing good results in the current market, which isn't easy to find everywhere else.