@Blake Kirby I just finished the first half of a successful 1031 exchange for BP clients from California...the second fourplex closes early next week.

We closed and the Dundee property was listed for rent late August.105 days of vacancy, three rent reductions, and two PM teams later, I’m stuck with an unrented property that, once rented, will cash flow negative each month (and that’s excluding the cost of the 100+ days of vacancy).I later learned that the initial PM team I was paired with actually did not have any experience with RTR.

Wishing you and your market a strong and successful finish to the year!

If you are looking to passively invest I would recommend finding a company that is vertically integrated so you have one main point of contact from start to finish.

Quote from @Jorge Magana: Nathan good afternoon; I'm about to do my first cost seg study for a new construction project we recently finished; would you recommend REcostseg?

For example, i keep putting off finishing a basement as I’d rather buy more properties instead of sinking the capital into the basement, as the basement isn’t going anywhere. 

@Richard Bautista could be legitimate, but could also be a "churn & burn" situation.How will you know the difference - before it's too late?

Tenants in arrears due to “loss of income related to COVID-19” have a six-month grace period—without late fees!

Its 2700 sq ft, 5 bed 2 bath (basement is unfinished and you can finish the 3rd bath).

I was not able to receive a refund because I waited too late after purchasing to request one.