There are numerous stipulations to do a 1031, and the main one is that a holding company must take care of the funds from the transaction.

However, the property must be identified within 45 days, but up to three properties may be identified.Frequently, the most difficult component of a 1031 exchange is identifying a replacement property within the first 45 days following the sale of the relinquished property.

Trekking through the jungle so to say is a major component that sets us apart.

I think one of the main reasons for that is because they really did not understand the industry and everything that goes into it.

Ya, I think that is the main thing to look for.

If you have one main running up the wall and then splitting off in different directions once in the wall, they is will certainly cost much more then if you have several splits in the pipe once in the basement.

I have since found a commercial building on the main street of a small town.

I have found a building on the main street of a small city population 19,000.

That said, as I write this I have an electrician in my kitchen, moving circuits and switches mainly (it was a poor design), when he's gone I'll actually install the recessed light cans, then texture and paint.Remember, if you're paying a "tradesman" $50/hour (cheap in most parts of the country) you have to "earn" about $85 to net the $50!

(I'm in Maine.)There are LL associations, which I plan to join as soon as I have a property.