Consider your compliance costs especially for CA.   

The assignment agreement addendum was signed a few weeks into escrow.I was not worried that this would trigger the seller to back out.  

Alternatively, consider a cash-out refinance to access equity without triggering capital gains or explore a 1031 exchange to defer taxes by purchasing another investment property.This post does not create a CPA-Client relationship.

In the end, the weekend after the fed announced the first interest rate drop, we had an open house that had more traffic than our opening weekend 3 months earlier. we received a full-price offer for the house and closed in early November. obviously I have no way of knowing if the interest rate drop was a trigger, but nothing else changed in the market at that time. just wanted to share in case others are curious. appreciate all the thought partnership!

Not sure if you pulled the trigger, but I was nervous to go from LTR to MTR.

I have 17 years of corporate RE and compliance experience, so the LIHTC reporting and annual financial audit does not scare me.  

Thank you.Once you get a good foundation and you are financially ready to buy a property, pull the trigger on a solid deal. 

Then if it grows and an opportunity presents itself in real estate then I may consider pulling the trigger on a new deal.

My understanding of the current text messaging compliance is that it's OK to send unsolicited texts as long as you don't use some kind of software/automated technology.

Not being in the hard money world myself, there's also a bunch of compliance stuff that would need to be worked through that I don't know about.