The caveat is that the the seller has owned since 2010 and has not replaced any of the mechanicals.

The caveat is that the the seller has owned since 2010 and has not replaced any of the mechanicals.

This is why it's helpful to understand the mechanics and process of the litigation process.

The mechanism would be that you would only do a 1031 exchange on 75% of the property. 

Currently I am getting an amazing rate with Encompass Insurance as they bundle our rentals as well as personal home, auto, etc.

My frustrations aren't specifically with the deal mechanics, even though I'm very disappointed in how they turned out.My frustrations come from the lack of GP "soft skills" / broken promises that were made around full transparency (good & bad), open and timely communications, prompt delivery of investor updates & k-1s, communication in laymen terms, actively updated & accurate portal, etc. 

On my first property we were planning a cosmetic flip based on the inspection report with a mediocre inspector and unfortunately once we got into it I spent close to $60,000 rewiring and making many mechanical and physical upgrades.

Hi everyone,I am a recent graduate and working as a Mechanical Engineer in San Jose.

I of course setup an auto search and start checking the hotsheets etc (maybe 30 minutes because I am digging a bit and want to make sure my comps sound right).

These are grad students and not greasy boots auto mechanics.