I've also seen that rents in Puerto Rico provided by the government are substantially less then the states. 

It appears I'll need a 1031 exchange to offset substantial capital gains. 

@David Willis Hi David,Congratulations on the opportunity to acquire such a substantial SFR portfolio!

In our case they'll have it cleaned up within the next year or two, so the timing worked out well.REPS status alone is not substantial a risk of being audited. 

I did see some new builds in south side last time i was there but they were non profits building them they are the only ones that can do this in areas were existing sells for substantially lower than new builds..

However, if you prefer to make a single payment due to cash flow considerations, that can also work well, especially if you can make it substantial. 

Despite this, substantial changes are imminent and will start rolling out this year.The initial change will be the mandatory registration of all short-term rentals, accompanied by a registration fee.

Be prepared to justify this to the seller, perhaps by highlighting the extensive rehab costs.Rehab Costs An $80K rehab budget on a multifamily property is substantial.

Hi William,It sounds like you've built an impressive portfolio over the last seven years, and congratulations on the substantial increase in your rent roll.

In a market where buyers a bountiful, sellers have too many other options to consider, before accepting an offer from someone trying to assume their loan. 2) Anyone who has owned their home for 3+ years is sitting on a substantial amount of gained equity from appreciation.