An example, a small down payment initially, but the note has now seasoned for 60 months with on time payments documented by a third party servicer.

I’m there and a little older than most on here (53 years old) so I’m going to focus on enjoying my life and not scaling up and putting all my extra cash into more and more RE.

Since your post is a bit older, I stumbled upon it while researching strategies for navigating 1031 exchanges in this tricky high-interest-rate market.

I'm a more seasoned investor so I won't just write off the appraisal. 

In off season when its a mid term rental I manage.

Hope everyone has a wonderful Holiday Season!

However, we have a lot of questions about pitfalls and unknowns especially with older properties, or if there is a better investment strategy since cash flow properties in our area aren't meeting the numbers we are looking for.

That’s what I’m talking about.. having people on the ground who know their turf and can spot trouble before it smacks you in the face.From what I’ve heard, outfits like Northwest Preferred Property Management or Umbrella Properties in Eugene aren’t just running the numbers.. they’ve seen the weird mid-season repairs and the tenant personalities you’ll never read about in a textbook.

@Carter MayberryRefinancing your FHA loan into a commercial loan and transferring the property to your LLC is a solid strategy, but here are a few points to keep in mind:FHA typically requires a one-year ownership seasoning period before refinancing is permitted.

For older properties, expect a higher CapEx due to potential issues with major systems like roofing or plumbing.