If you aren't using a property manager, then your cleaner essentially become your de-facto manager, informing you of anything that is broken, needs addressed, etc.

Same with some of the smaller towns north of Baltimore like Havre De Grace.

Hello, I am a college student interested in wholesaling properties in Delaware and Philadelphia.

Hi @Senthil Akasham, There are a number of potential strategies you might to consider here if you want to sell and structure some type of a tax-deferred transaction, including:1031 Exchanging into Net Lease Properties (@Joel Owens) 1031 Exchanging into Tenant-In-Common Investment Property (TICs) 1031 Exchanging into Delaware Statutory Trust Investment Property (DSTs)Seller Carry Back FinancingCharitable Remainder Trusts (CRTs) 1031 Exchanging into a Net Lease Property or a Tenant-In-Common Investment Property or a Delaware Statutory Trust Investment Property would allow you to sell your relinquished property, defer all of your income tax consequences, get out of property management in order to eliminate all of the related tenant headaches, and still acquire replacement property with an increase in cash flow.Selling with seller carry back financing would allow you to get out of your current relinquished property, defer the payment of some of your income tax consequences over the term of the note, and get rid of the property management headaches.

If much of your rehab items fall below the $2.500 de minimus threshold and/or unit of property improvement thresholds, they may be tax deductible and you may not have much taxable income for the first year or two anyway.Also, many cost segregation firms also offer free cost/benefit analysis on your properties.  

Hi De - Thank you for the thorough review. 

That looks like a squirrel hole, so you probably need to trap the squirrels first before fixing that soffit.I used KO Roofing in Delaware County to replace one of my properties' flat roof and they were reasonably priced and responsive.Good luck

Although, I have learned the student population base in all schools in Illinois (besides ISU) has been declining due to the state government de-funding grants.

We moved between comparable cities so its not like we jumped demographics or cost of living by a lot, though CoL in WA was more expensive than VA.If property taxes are whats killing you then move out of the big cities or start a cue de ta and take over the Seattle government.

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