Additionally, I would suggest you run some financial calculations such as cash on cash return as well as any appreciation from the asset if/when you sell.

I would send them notice today that explains what will happen after the current one-year term ends.

Narrow your top cities, build a local team, and refine your financial analysis to position yourself for success.Good luck!

We haven't concluded on that yet but he does handle the day to day to keep the stress off of me. 

Hello Michael,I echo Jon, completing a 1031 of a single rental into DSTs in straightforward however we typically recommend a portfolio of DSTs for diversification and financial objective purposes.

By doing this, you’ll avoid any surprises down the road and ensure the deal still makes sense for you financially.

Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor.  

Hopefully, you find it helpful and qualifies us to assist you with your goals:)---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

The two-count indictment charges them with conspiracy to commit wire fraud affecting a financial institution and conspiracy to submit false statements to a federally insured financial institution.

By the time you are 35 you could be financially independent and wealthy.Too many Americans, particularly young Americans, want everything now.