You look like the kind of person who is going somewhere.

I've been at this a while and have over 70% equity in my combined portfolio, and I'm over 50 years of age, so I don't look at creative financing options. 

It sounds like your question is what is the conventional guideline on using these rents to qualify ?

Neither seems likely.

Been a while since I last visited this website.

This actually seems like a great scenario for a 1031 exchange based on what you've said.

Any listed property that claims it would cashflow is likely in rough condition in a tough area.

After I posted this.

Here is my Cliff Notes on this elaborate example:If you have unused losses from the past, they might significantly soften the tax blow from a profitable sale.I don't see how this is called "strategic play" or "premium lemonade."

I have many questions that need answers so I will likely be a regular here in this chat.