Quote from @Jonathan K.: Quote from @Beth Anderson: Thank you all for your responses!

Cost me 200 K is taxes because I could not complete the 1031 exchange.they talk a good talk BUT DOT NOT DELIVER.

you're on the hook if you did the loan as an individual in the event of default whether its an LLC or not (absent some anti deficiency states like California).

I completely disagree with @Rob K. if you like risk and are willing to risk loosing your investment, hard work and legacy, sure don't care about AP and not think about safeguarding it. sounds like a wonderful and well thought-out investment strategy. 

Those offers do not meet the investor parameters/guidelines that lenders must follow when a deficiency balance will be created.  

Quote from @Jon K.: Quote from @Luke Hoffman: I bought one house at a 7.25 interest rate and the one with all the upgrades is at 3.865.

Quote from @Alex K.: Hi,I have a turnover for a property in Memphis TN, and there's a bit of extra work that needs to be done in addition to standard wear and tear, some bedroom doors need to be replaced, blinds, patching, painting, some floor tiles etc....I got an estimate, and I know everything is costing more these days but it feels a bit aggressive. 

Or a solo 401(k) since that won’t have ubit on leveraged real estate. learn more here:   Solo 401(k) SDIRA

I have a remaining rental property with a $120 K mortgage.

Quote from @Jon K.: I'm going to respectfully disagree with some of the advice in this thread.Ensuring that the occupants are caught up on bills tied to the house is silly because they're under no legal obligation to the new owner to be caught up on bills.