This is similar to, but not the same as, the yield of beans in China, since China is the most populated nation on earth and the yield is much higher, (which is due to the poor air quality in China and why bean consumption is regulated) with the yield or output being much more concentrated over time.And, why hard money lenders usually don't chase tax liens in Texas, nor do they develop lists for investors to purchase with their funds as they rely more on the security interests in a property rather than a UCC filing.   

I have been thinking about having my first rental be an out of state property so I can get more for my money.

., This doesn't have to be an either/or I don't think.1.Most intermediaries only add a small charge for a second purchase so you can do a quick comparison of 250 - 500 for a second purchase in the 1031 vs the costs of the refi loan.2.

@Russell Brazil What are your thoughts on the casino being built do you think the area is already bought out or do you think there might be an opportunity with all those employees to find rental units when it comes online?

And now that you're here we'd love to see you be an active member of the BP community so be sure to set up Keywords Alerts for your local area such as "Perth Amboy" or "Monmouth" if you're looking to find potential opportunities for investing, education in a subject, or other members in your area.Use the Find Members area to network with other members who are local to you or are in an area you're wanting to invest in.

Brew your own coffee, brown bag your lunch and drive a beater.  

I also do fix and flips in Orange County and would love to have a cup of coffee with you and your husband to compare notes and current projects.

The capex expenses, new A/C, new roof in the timeframes you estimate, combined with normal operating expenses will eat up your profits for sure.However, there could be an appreciation play here.  

Location is very good with direct bus to campus, two popular coffee shops nearby.

Covering it with a thin sheet of sheetrock is preferable, then it can never be an issue in the future, but usually we just repair and repaint to save the customer money.