Hmm....I'm thinking about that...because I have a family member who have a rental in the Fort Lauderdale area with a beautiful oceanfront in a flood zone area and her place is in high demand.

It has  a beautiful view and couple blocks from boat house. 

It's beautiful country out there.

I mainly concentrate in the Dallas Texas area.I found a beautiful property with a lot of potential in a well-kept and beautiful street.

have a wonderful and beautiful Friday BP family.  

And the beauty of it all is that they donot provide any transparency if the repair actually came from the tenant !

Milena, the beauty of private money loans is that you can negotiate whatever terms make sense for you and the partner.   

As long as your comfortable with your numbers and the sustainability of your cash flow there's nothing wrong with higher equity to get that cash flow.Or the other way with 2 smaller properties like @Peter Mckernan said.That's the beauty of the 1031. 

If it's solid wood, it can be sanded numerous times.....a recent rehab where the floor was thrashed got 3 heavy re-sands, ended up being one of the most beautiful floors anyone had ever seen.Also, I would look at jacking up the center floor a bit while you're at it.

I recommend you read books or (view You Tube)written by IRA Financial founder,Adam Bergman.The beauty of tax free cash flow of 14%+ ConC and no capital gains taxes ever, far outweigh any lost depreciation deductions.