This is standard business practice - just look up how many settlements the SEC makes annually where companies pay millions in penalties WITHOUT ADMITTING to any wrong doing.- Cash-for-Keys is another example of this!

My family has been using 1031 exchanges my whole life and built a multi-million dollar portfolio doing so.

There are an estimated 1 - 2 million crimes a year stopped by brandishing a gun and fewer than 600 deaths from accidental shootings.Pepper spray is not as effective.

They have millions in lawsuits against them and are in default on multiple loans that I’m personally aware of.

To classify all syndicatorNope you are very wrong , it is the other way around, I invested since 1990s.I primarily avoiding investing in 2005 era because MacDonald guy can buy half million house.

Purchase price: $242,500 Cash invested: $49,000 This is an older house, built well on concrete block, that is next door to multi-million dollar houses on the water.

He has bought and sold over 300 million dollars worth of real este and doesn’t care that he’s going to lose some money by almost giving me this property.

It’s nice to have a million dollar property I didn’t pay for as part of my retirement plan… ;)Makes sense.

I am estimating at least $50,000 between furnishing it and updating.How does this look:$1.3 million with 20% down DSCR loan buy-down the rate from 9% to 8% 30 year = $9,332 (principal/interest/tax).Utilities - $750Income - Was thinking $250 per day but let's say $225 per day for each unit (30 days) just looked at AirBNB and AirDNA in area = $13,500 (.20 vacancy) = $10,800.I would manage it, but still need to think of cleaning fees.

We live in an expensive city now our home worth is at least $1.15 million and we have 500K in equity.