to way over bid the property then BRRRR strategy and pray you brake even2. 

Should step on your brakes to a complete stop. 1031 can be on its way out very quickly retroactive. 

So Congress in their infinite desire to never let a good thing go unpunished is putting the brakes on tax free primary residence sales and by extension house hacking in multi family structures. 

I did replace brakes after driving it about 10,000 miles, mainly because I was using the truck to tow a chipper... so more preventative maintenance than anything. 

On the settlement statement: the title company should list the purchase price and underneath that brake down of the rehab cost. for example: Purchase price: $55k + New Roof $10k + Fencing 2k + GC quote $15k (GC quote should be provided as scope of work) . 3.

Or Brake Clean.

On the very first day the new tenants, a group of three 24 year old stoners; I had to open my window and tell them that they weren't allowed to be banging on their brake rotor with a metal mallet at 11 pm.

With a lot of brains no showers, limited time for food or bathroom brakes you will be just like me.

Just difficult now knowing this is absolutely what I want to do and of course have to put the brakes on.

Using a 2 year lease will not lengthen a tenants stay and will normally result in them having to brake their lease, usually with no notice, which will increase your turn over costs not reduce them.