No wonder that, as mentioned in the attached article, pretty much everything is described with rose-colored glasses and there is a lack of anything negative.As far as I know, they haven't promoted a development in the Dominican Republic, in spite of the fact that it can be a great place to retire and invest. 

It took a bit longer to sell than normal because inventory rose temporarily and we messed up our own comps because I bought a second model match unit in the same community a few weeks after the first purchase for $188,000.

The requirements are VERY specific by statute, but if done right, the lender steps into the shoes of the taxing authorities. 

That 2.7% rate is pretty special...If I were in your shoes, it would depend on what I could leverage that 200k into out of state.There is ample opportunity here in KC (my market...I work as a Realtor here and own 3 SFR as investments).

Try thinking of the situation in their shoes, why would you let Timothy have this house for free and keep the mortgage in your name?

Student rentals by the UAlbany campus is certainly doable, however may become more competitive with the upcoming closure of Saint Rose.

I was in your shoes 4 years ago and took the leap into real estate investing. 

But if I were in your shoes, I would keep the quadplex, hire a PM since I'll be out of the state and then run the numbers on what I could do if I pull some equity out with a refinance. 

This is also for those who might be in my shoes.  

(He's also known for some time why I longer give his father new projects: because his father -also handyman, not a contractor - kept quoting thousands of dollars per project despite knowing the CSLB rules that govern handymen and their work in the state.)How would you deal with this if you were in my shoes?