Add to that when you put <20% down, you're going to have PMI on top of the regular mortgage payments.

You can also take the profit first approach and make sure you are taking profit out of your real estate on a regular basis to do with as you'd like.

If you think more information would be helpful to your team, reach out to me directly.The sales team that agents interact with is poor.  

We regularly update it.

LTR:The STR loophole can be a huge tax advantage because you can use depreciation and other expenses to offset your regular income, which is a big win.

A regular GC might be able to assist with the remainder or all of the work to include foundation.

I accept them and mitigate the risk by (a) screening the animals, (b) having a solid set of rules that are quickly and fairly enforced, (c) regular inspections, especially for cat units, and (d) charging a monthly pet fee.Let's say I have five single-family homes.

I could sell my entire portfolio of 28 doors and pull the leverage lever OR I could sell this 14 unit and pay for something in all cash and do a lazy 1031 exchange, or do a regular 1031 which puts more pressure on the time frame. 

The plan is to: - Make regular payments on the seller-held mortgage for the agreed-upon term.- Pay off the balloon payment at the end of the term.- Immediately refinance the property with a traditional bank mortgage to pull out a significant portion of equity. 

Thanks for helping me understand how the $500K exemption interacts with the 1031 Exchange!