However, before you do so you should ensure that your revenue from rental income covers ALL your property expenses in the townhome, including mortgage, taxes, insurance, maintenance/repairs, vacancy, property management, etc...

But I would ask for advice and then follow up later with a thank you which includes how the advice worked out. 

The Homeowners Insurance will include Builder's Risk. 

If you're looking for cash flowing markets.. a lot of investors, including myself, are looking in cities like Cleveland.

That said, do your calculations for cashflow include setting aside 15-20% of monthly rent for repairs, CapEx, vacancies, etc, etc?

If we include investments in mortgage loans (trust deeds), real estate partnerships, REITs as well as direct property ownership, I’m at about 80%.  

Brian Burke has acquired over half a billion dollars’ worth of real estate over a 30-year career, including thousands of multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself.

In order to move back into the home, the homeowner would need to reinstate or payoff the loan, including the costs of the receivership as permitted in the order.

Would be curios if folks have also just included the cost of utilities at this price and left it unpermitted.

The 1031 exchange was done as a group irrespective of, and including the SDIRA status, as a tenant-in-common.