The exchange entity must remain the same, meaning the ADU ownership should mirror that of the relinquished property.Construction exchanges require improvements to be completed within 180 days, and the total value must match or exceed the property being sold.

The appraiser is there to determine fair cash value.

It is about creating a balance between being open to new tenants and protecting your property interests diligently.By fostering a more secure leasing process, you can ensure that your properties remain profitable and that your relationships with genuine tenants are based on trust and reliability.

We value building deeper relationships with investors with whom we align perfectly rather than having superficial relationships with everyone who wants to buy. 

I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.

I feel both offer a tremendous amount of value.

A lot of investors start with something that's turnkey with value-add potential.

Understand the multi-family market, scale up portfolio efficiently, focus on value-add opportunities, build a reliable team, stay informed, and engage with the community for support.Good luck!

I'm sure some people like to see a Forum comment and add discussion value, that way they are part of the discussion. 

Appraisal is where if the value of the property didn't meet the value of the loan, you can negotiate the price to lower it.