This would help reduce the amount needed for a bridge loan to fund the acquisition and renovate the four vacant units.

Using a 1031 to upgrade to a two-family could help you reduce or eliminate the $1,000 out-of-pocket expense you’re paying now.Also, condos often come with HOA fees that limit cash flow, so be mindful of their impact.

Each change took a meeting, then two different public hearings, then a Board approval meeting. 

She will get pre IPO stock and we all know what that can do for top execs at a public tech company. 

Price RangeDefine your financial boundaries based on available capital and borrowing ability:For Class A & B, financing typically covers 75%-80% of the purchase price, allowing you to buy properties in the $6M-$12M range if you have $2.3M total cash.For Class C & D, due to higher risk, the price range might be reduced to $5M-$10M with the same cash.5.

I have great tenants but my property taxes have increased significantly so my net cash flow each month is reduced.

We have offered to allow her to pay a reduced rent for the first few months as well but I am worried that may create some sort of limit on how much we can raise the rent on her in the future.

Turnkey properties come fully renovated with tenants already in place, reducing the learning curve and allowing you to focus on growing your portfolio.You could also leverage local expertise by connecting with real estate agents and property managers who know the market inside and out.Feel free to connect if you want to discuss further. 

This would obviously reduce my cash flow on both properties, as I would be paying the minimum HELOC payment plus extra towards the principal to pay it off quickly.

There are some public sources (www.city-data.com) that can provide good baseline information.