Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.

@Nicholas Dillon If you sell a property and perform a 1031 exchange but do not reinvest all the proceeds, the leftover portion (called "boot") is subject to taxation.

The S&P 500 has that inflation adjusted "average" of 8% annual return, compounded WHEN drip back all dividends, and IF it performs as it has previous 30 years. 

My client bought a 22 unit building and used this strategy and walked out of closing with a check for $800k to perform the rest of the renovations, paid himself back his already expended rehab costs and his entire down payment.  

Wanted to gauge interest in having a weekend some time this summer where we all congregate in Wichita to talk shop and get to know each other and possibly do some work. 

How is my property performing compared to the local market? 

I recommend talking with an experienced broker who can help you shop multiple lenders  

Given this is a front loaded fee that needs to be overcome in asset performance, it is a lot harder to absorb on "smaller" deals.  

Sometimes the market changes or can't absorb the rents that they want, so they issue concessions to make it appear as if it's performing as intended.

I've noticed properties that are 2 bedrooms or less tend to perform better on this platform.