Houston is a great market with lots of potential, and it's impressive that you and your partners have made such strides since December.If you're looking to network and exchange insights, this platform will be a great resource to connect with like-minded investors, share strategies, and learn new approaches.

The solution is currently free for investors to create an account, enter your properties, identify your goals AND run hypothetical scenarios for taking action (1031/refi/sell) etc. 

Or take the tax benefits, small cash-flow and long term appreciation and sell in a few years and 1031 into something else.

My realtor suggested offering it amortized over 30 years with a 15 year balloon, as that what she sees her other investors doing: focus on the cash flow, then when the 15 years is up, do a cash out refi, exchange, or sell to move into something bigger or better.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

This exclusion allows you to reinvest the proceeds from the sale of your primary residence without being immediately taxed on the capital gains.However, it seems like you might be considering a Section 1031 exchange based on how your question is phrased.

My wife and I had 5 SFH and 1 multi-family, sold all, 1031 into a commercial RV park, now living for free since other people pay our living expenses.

How does 1031 exchange works.

If I had a kid like you in my community, I would be happy to let him/her help me with tasks in exchange for training.Do your parents have good credit?

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.