So, from that perspective, I like the idea of "involuntary conversion provisions" to not have to deal with increased "income" in 2023 (because of the insurance payments) and huge "expenses" in 2024 (because of paying the contractors).I thought that has nothing to do with CSS, partial dispositions, having to "retire" the old assets and start tracking the depreciation of the new assets (after all, the CSS allocated 5K to the old roof covering, and we paid 18K+ for the new roof).

The financing was secured by another property but now I’m trying to pull equity out of the mobile home property to free up equity in my duplex for future deals. 

The key is analyzing each deal individually and adapting to changing market conditions. 

The brokers, more interested in doing a deal, would normally tell me to cross out what I didn’t like and write in whatever made me comfortable.

Yes, we need a little more info, but in general, If you can get a HELOC, that would be a good deal!

Hi Prasit,To transition from agent to acquisition manager, here’s the quick path:Leverage Your Agent Skills: Use your market knowledge, negotiation experience, and connections to find and analyze deals—key acquisition manager skills.Wholesaling Experience (Optional): Wholesaling can help build your deal-finding and analysis skills, but it’s not necessary if you can transition directly using your agent background.Training: Consider certifications like CCIM for commercial real estate or courses on platforms like BiggerPockets to sharpen your acquisition expertise.Network: Connect with investors or real estate firms to gain insights and potential job opportunities in acquisitions.Let me know if you need help with financing as you move forward!

Make sure you underwrite your deal to what makes business sense to you.

The deal with Mattress Warehouse addresses antitrust concerns raised by the FTC, which has challenged the merger, fearing it would stifle competition and raise prices.Tempur Sealy expects the acquisition, combined with the divestiture, to solidify its market dominance, with over 2,800 retail locations worldwide.

Now, you need to figure out how to find deals and pay for them.

I had to redo the bathrooms as well and dealing with old crappy plumbing was not fun.