.): ~$35K (assuming 8%)Total Cost: ~$375K–$385KProjected Profit: $65K–$75K before taxesThat is a decent margin, but this being a two-year project, you need to be sure the market doesn't shift downward, and that you have a buffer for unexpected costs.3.

That is probably a good start to setting the goals you need to achieve to make the dream happen.

I just looked at a utility bill with a total charge of $184.12 but $116.50 is from base fees!

If you’re strategic about locations, management, and financing, STRs can still offer decent returns in the right market.I totally agree that it’s not all sunshine and rainbows in real estate right now, but if you’re strategic—especially with tax savings and a long-term focus—real estate can still be a viable option alongside other investments.I agree with everything you said but it’s also important to consider the Time component.

It's no guarantee but it's a good place to start.

Comments again were : Quit Claim Deed the Property, start paying the loan (which he noted he had no money).

Keep in mind with a 1031 exchange, it's important to ensure that the total value of the replacement property is equal to or greater than the property you sold.

The appraiser went with only the comp sales approach and totally ignored the income approach...

I’m relatively new to the world of real estate, having started my journey just 2 years ago.

Total cost of land and size?