I do plan to consult my real estate attorney who handled the closing but this is his busiest week of the year, so I definitely don’t want to bug him with something that isn’t extremely urgent until after the New Year.

Ideally, I would like to buy a 2-4 unit, but I'm not closed off to a single family and renting out the rooms.Any advice would be greatly appreciated!

Close to the University of Virginia and a large research hospital. https://www.airbnb.ie/rooms/851008521978902877?

I have actually been thinkin about cutting losses honestly, I am not sure this is the best investment I could have made as my first but worried about how much of a loss I would have to take.It is meant for S8 for sure, I would have a stringent application process, and give the neighborhood a C from my research.I invested there because it was the first deal that basically fell on my lap where the mentor works with agents that Seller Finance deals, it was only $3k down and had thought the proximity to St.Louis would be attractive to tenants also.I effed up on waiting to post for rent until after all repairs and the COO for sure.  

Says they are "fly by night," never returned my Deposit, Closed in Austin, looking for more "Suckers in Tampa, Florida." 

Net Sale - Is the contract price, minus the closing costs and commissions.Adjust cost basis - Is the purchase price, plus capital improvements, minus depreciation.

Do they require payment on site or do they give you a certain number of days to close the transaction?

Hi Lianne, did you close on the property ?  

With the Chuckawalla Valley State Prison (CVSP) slated to close in 2025, do you think Blythe, CA would still be good city to invest in?

Everytime you get close to depreciation running out (or want more) you 1031, expand your holdings, and your tax write off.