I am interested in doing the same as the OP.I can't at the moment but I would recommend you contact lookup a loan broker in your area who specializes in out of the box lending.

Areas with good rental demand and upcoming developments can give you solid returns.

As Waco continues to grow, which neighborhoods do you think are on the rise, and what indicators do you use to spot emerging investment areas?

I'm particularly interested in the Ford Lauderdale/ South Florida area.

We keep getting more cool things in the area!

In our area, the utility company will not allow water / sewer to be placed in tenants name, however natural gas, power, and everything else can be as long as its sub metered.

Many people are suggesting to do a 1031 but have no idea what your gain / tax is(if any).Co-ops in the tri-state area 'normally' don't appreciate a crazy amount.The main reasons is the high monthly maintenance costs, over-leverage of the board, potential difficulty of buyers getting a mortgage and the approval process of the buyer.With that said, talk to your CPA to discuss what your gain / tax would be before thinking about a 1031 exchange.If your tax burden is low, don't bother with the 1031It may be possible that you have suspended passive losses to cover your tax burden.best of luck.

While the initial costs are a consideration, the long-term ROI can be favorable if there's sufficient demand in your market.

If you are a lender with competitive offerings or if you have contacts who can meet these criteria, I would greatly appreciate the connection.Please feel free to reach out directly.

I am a new Real Estate Investor in the Southeastern NC area.