Ok so the next update on the 1522 Latham 38106 project.After a series of storms rolled through the area, the grass was not cut in a timely fashion.

Hell I just learned how to cut and paste about 5 years ago..

Hello, I have a good interest rate at 2.875% and have tenants, I'm cutting even with expenses.

If I stay low on rents, I'm saying it's ok for me to take a pay cut.

However, I agree it’s better to just cut the losses now and learn from this crazy experience.

Add to that insurance costs, etc. and it's not looking good.However; what Trump can do that will help is to cut out some of the environmental regulations, etc. that drive the costs of development up. 

A ton of questionable money raisers are running around as "co-GP", but do they "really" co-GP or is it a shell title with no authority nor a legit role outside of raising $ for a cut?

@Sean ConroyThe cost of building is not going to go down, unless you're looking at the debt component.

Honestly I would say just try it out for 1-2 months and if its not creating a huge difference then just cut it off.

Furthermore  once the 1031 intermediary get their cut and you also pay two sets of closing costs ( buyers now have to pay closing costs in some states ) as opposed to just one closing cost ( if not doing the 1031) it might be a “half a dozen vs 6 of the other “ scenario .Also one of the turn offs to the 1031 exchange is the interest rate will be much higher with todays rates especially since we would have to get an investment property loan which are higher than “ primary residence “ loans ..Will probably lower the rent asap ( have one more showing ) and then put it on the market .Thanks for the great advice Christian