Luckily, having a pro on your team makes an otherwise daunting transaction much easier.You have to purchase a like-kind property, which just means you can't trade your current real estate for a vintage car or fine art.There are some timelines to adhere to:You need to formally identify up to three like-kind properties within 45 days of selling your current prop, which means you should be looking by the time you go to market.You need to close on the new property or properties (yes, you can buy more than one if the math works out) within 180 days of selling the current prop.You can identify more than three properties if you need more choices or are planning to exchange for multiple props (often an issue for people selling very valuable RE or reinvesting in cheaper markets) but there are some rules:You can identify as many as you like, as long as the total value of all of them does not exceed 200% of the value of your current prop.

function of the soil... its just not anything the folks that sell these homes talk about.. why would they same with RE agents.. however if you take trip there and drive around and look at vintage homes that are 99% of your rental targets you will see the brick work in the corners separating or filler in it.. sometimes its just a few grand.. but other times its a major issue.. as your plumbing is in concrete foundations..

I decided I will open my own jewelry store there.

I think part of the offense they took may also have been from the fact that they had invested a fair bit of time in working with me, and I had then turned around and not hired them after seeming to be very interested (which I genuinely was -- but I also wanted to make sure I was getting the very best balance between price and quality that I could).I don't have a lot of experience dealing with contractors, so I'm honestly wondering if I committed a big faux pas, or if Company B is just unprofessional.

There are large homes out there that can be a faux duplex by simply locking a door, not giving the key to a tenant, and putting a kitchenette in.

So far I found it beats the pants off out of state cash faux.  

With rents at $500 per door, I would expect expenses to be more than 50% of GPI especially with a 70s vintage.  

I LOVE vintage homes, so I keep a close eye on the greater east end/ 2nd ward (specifically eastwood, broadmoor, idlewood, lawndale, and oak lawn) and more recently the activity on the near north (north-side village up to lindale park) has caught my attention.I'm looking to connect with anyone that's active in these areas, find out how I could get involved, would love to see a rehab of a 100 year old house in action! 

And as this faux 'recovery' is merely a 'reinflated bubble' as par, it ultimately matters not whether the PTB (Powers That Be) are in near complete control of another 'controlled demolition?'

Do you have any preference between actual granite counter tops and the faux granite linoleum?