@Chheang Yang, The statutory requirements of 1031 force you to relinquish (close sale) of your old property before taking title to the new property.  

insurance out the ying yang!

@Marty Boardman @Karen Rittenhouse @Brian Burke @Frank Gallinelli @Neal Frankle @Auther Gracie @Ryan Lundquist @Al Williamson @J Scott @Sharon Vornholt @Leau Yang @Ben Leybovich @Glen & Amber Schworm @Clay Huber @Jeff Brown @Danny Johnson @Travis Daggett vis Daggett cy Royce @Jerry Puckett @Tucker Merrihen @James Vermillion @Chris Clothier @Michael Lacava @Jason & Katherine Grote @Dave Van Horn @Dawn Anastasi @Kenny Estes @Lamar Cannon @Will Barnard @Sam Craven @Anson Young @Paula Pant @Kevin Perk @Aaron Mazzillo

There are REIA up the Ying Yang, Investors and lenders of all times.

Main issues are renovating units one off with people still living in the bldg, and having a mix of tenants and owners in the bldg (yin and yang...if you will ;) So as the owner you will probably have to manage all that

@Vickie Yang Message Sent!

Melvin List Andrew Postell Frank Yang Paul Khazansky Thank you all for your responses.

Yang, Ph.D.]. 

@Tim Yang, so what you really mean is: you'd only be up for "roughly $300" per month, instead of $500 if you were just renting?

Cha Yang that's solid advice.