Also, have a back-up plan in case the market turns and you can't sell for the price you anticipated.

If the damage is minor, again I think the tenant can simply claim the quality of the appliance was poor and they have the door-seal quality issue to further back up this claim.

However it is important to remember to make sure you have a plan to pay that loan down and not allow that credit card debt to climb back up.

If that’s still a stretch, BRRRR properties in places like Rochester could be a solid backup plan.

Things will pick back up again in January.

I call this dumb debt: Quick note; the deferred sales trust can save a failed 1031 exchange( cost zero to have this option, nor does it take any of the identification property positions) (It's wise to always have a back up plan)More on Dumb debt.

However, i'll likely be looking at additional ways down the road to be even more secure for a backup what if scenario.  

My time here in DC will be likely be less than 2 years so my plan is to do as much research and reading as possible.

Is the President-elect planning to privatize Fannie and Freddie?

He was stating that to use it as an backdrop to tell people he has a backup plan.