Tenants in lower Classes will have lower credit scores, which means higher chance of defaulting on their lease payments.

Is there any way to basically “lock in” the target building, or is there always going to be a risk that you won’t be able to find the right building within the 1031 timeframe?

I also suspect inflation will drive continued migration to lower cost of living / lower tax states.  

Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.

When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates.

Start with these three key points:Current SituationAssess your current or expected capital and credit within a realistic timeframe.

They lowered the “taxable value” by 40-50% and then raised the tax rate about 35-45% lowering everyone’s taxes that year.

I don't know if they will ever start construction and if they do how long will my money be locked with them.At this point, I would recommend to stay away from them until they can show some results with new constructions.In the meantime, I had invested in another syndication in the same time frame in the same Texas market.

Especially if you can refi down the road into a lower rate.

Is the higher price agent inflating to get the listing or is the lower price agent just not keyed in well enough in the specific neighborhood?