Because I benefit from more business oriented books I also like Who Not How and Gap and the Gain by Dan Sullivan and Ben Hardy.

@Rachel Seymour-NewtonIf the smaller property is a strong deal with solid cash flow and tenant demand, it could make sense to buy now and start gaining experience.

Lowering it by $100 could gain more interest & lease it out sooner.

The $450K will be returned to me as payback of my loan to the intermediary, without trigger any capital gain taxes, right?

It's a great way to gain hands-on knowledge and connect with experienced investors!

Bottom line, the phrase IMPLIES that there was more value to be gained that wasn't realized.

If you do a 1031 exchange, you can defer both the capital gains tax and the depreciation recapture, which is a nice benefit.

I find with ANY project on a property, PLANS are worth their weight in gold bc they will show the exact inches, ft, etc that the project entails.

Quote from @Trent Reeve: Quote from @Bruce Woodruff: Quote from @Issa Joseph: I DIDNT GET IT LOL for now my business plan doesn't support this purchase but an extra 10k per unit per year profit is significant growth in revenue But ask yourself - how much of this $10k increase (remember alleged) could you gain yourself by doing research and asking questions on this forum.......? 

If it is block construction the engineers will make you beef up the slab and add piles to support the new weight of the second floor.