We have a PMI payment of about 300.00 per month.We have put a considerable amount of money into the home to include a completely renovated 2nd floor 2 bedroom unit.

Each step requires careful consideration, but with the right team (agent, lender, inspector), it can be a smooth process.

They capitalized on their unique strengths to create value and scale their businesses to impressive heights.

(Most notably, they've gotten REPS aggregation all mixed up in the past.)Based on the regs seems that:- 1245 ordinary income recapture applies to some forms of property that qualify as "real estate" for 1031 exchange purposes- 1245 recapture on such "real estate" overrides 1031 deferral such that 1245 depreciation is recaptured to the extent there's a trade down in 1245 property in the exchange@Heidi Kenefick There are many additional mitigating considerations worth discussing in conjunction a real estate tax accountant.    

With a passion for crafting unique property identities and a keen eye for potential, I specialize in turning under appreciated spaces into sought-after gems.Join me on this journey as we explore innovative strategies, uncover hidden opportunities, and elevate our investments to new heights.

Here are some of the areas that I focus in on:West side - West boulevard, Cudell, Clark-Fulton, Jefferson, Bellaire-Puritas, Old BrooklynEast side - Fairfax, Buckeye-Shaker (the north side), Waterloo Arts District, Garfield Heights, Maple Heights, Newburgh Heights, Lee-Miles (the north side), Bedford

If your lender worked hard for you, and you have a relationship with them, be considerate and do not do your refinance until you have hit the 6 month mark.

A great sponsor can save a deal that goes a little wonky.A poor sponsor will screw up the best of deals.Sponsor number one consideration in my mind.

I’ll take those areas you mentioned into consideration.

I have a 3 BDR one bath  house in Maple Heights Ohio that I am considering renting to section 8 tenant .CMHA chart for the house zip code showing a max rent of around $2000 for 3 bedroom.I know market rent of my house is approximately 1300-1400 $I am adding efrigerator and oven.The house is older but in decent shape.