Quote from @Caleb Brown: Someone else asked but what would market rents be including the extra storage?

In order to defer all tax you must purchase at least as much real estate as you sold. 

One thing that I REALLY hate is that most of this Lawyers have great structures and setups...but very expensive packages that include entities that are not necessary.More info tomorrow.  

Quote from @Chris Hertig: We recently purchased a multi-family property and have someone living illegally in an uninhabitable, detached garage. 

The build process to include funding can be quite lengthy and difficult. 

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

I suppose I should have included that info.

Please DM me - I can give some pointers on how to get started including in the Multifamily space.

I would, If in this position, take the equity in the form of a HELOC and purchase a cash flowing asset that would not only pay for itself but pay for the cost of the money while putting cash into my bank account each month. 

All of which, I’ve purchased within the last 4 years.