I've recently endured a eminent domain settlement and have to re-invest the monies via 1033 into something.I'm looking at a 24 unit apt complex here in CO.

., or 2) stop paying 2nd mortgage and endure legal risks/costs for default while moving a little closer to "only owing what the house is worth" within the next 10 years, or 3) accept a rather dismal life/finances/housing every day, in perpetuityDo you know if the income limits on bankruptcy are for both types, chapter 7/discharge, and chapter 13 (or is it 11?)

But when you see the costs and risks you endure, it is certainly worth some $$ to everyone.

Granted those pros and cons are all based on dealing with a good, reputable turnkey provider, but if you go that route, I'd venture to say the risk you will endure (assuming you do proper due diligence) would be less than with any other type of investment!

., secured solid service vendors, recovered $7K in unpaid dues from one resident, updated lobby, made some general repairs, and upped dues $18.00 per month...the wrath I endured for 6 months was incredible - after severe harassment I resigned.

If not, how much hassle did they have to endure?

Will I have to endure this type of questioning for everything I purchase with the HELOC?

Much stress has been endured by folks who hastily created entities without consultation regarding the legal and tax ramifications.

Relative to minimum qualifications, as well as the stress/BS they endure (including people like me pestering them, as well as Realtors, and oh right and those worthless crooks created by Congress: "Appraisal Management Companies"), residential appraisers are the most underpaid folks involved in a typical real estate transaction.

Close with the buyer first: This endures you receive funds to complete the transaction.