Wanted to find out if one can 1031 from a personal residence to a Commercial MFR? I thought that was a no-no but perhaps it IS allowed?if Not, how long would one have to rent out the personal residence (treat as a ren...

Install internet and exterior video cams.

With that being said, here's the deal:Purchase Price: $475,000Cap Rate: 8.3%Unit Mix2/1- $9001/1- $9001/1- $8751/1- $8501/1- $800Total: $4325/M  $51,900/Y ----------------------------------MaintenanceInsurance: $184.39/M Electric: $18Water: $50Garbage: $160Taxes: $464.39Common Areas: $150Total: $1,026.64/M  $12,319.68/YTotal Units: 5Total Sq Ft. : 3,000

I get another offer from Agent Y, whose clients opt out of contracts after the home inspection about 25% of the time, because they dont know how to properly prepare their clients for the reality of a home inspection. 

If you show him that X+y+z=W then his only argument could be A) your numbers are wrong, in which case you ask him for his actual numbers, B) the cap should be 4.4%, in which he should provide proof that the area demands such, or C) he's the swindler. 

You may miss good deals while waiting, and more importantly, you will miss on making connections and getting a name out there for you as an investor that focuses on X or Y niches.However, you can definitively do something to take advantage of this market (high valuations and easy access to money) and your situation (low LTV and hopefully good cash flowing assets and personal financials) without having to deplete your cash reserves paying down loans or reducing your cash flow by getting me loans. 

What search terms should I use to find this type of lender since it's not y our typical NINA?

Hi @Tim Kunz, when I pay utilities for my tenants and then bill them back, I told my PM to always send them a copy of the bill so they know why I am billing them X or Y.

Seller carries a note similar to a conventional loan ( x% down payment, y% interest rate, 15/30 year mortgage) 2.

Rents paid 10 to 14 days early will receive a discount of Y at time of payment.