There are rules about reinvesting your gains that will be factors in how much cash you can keep without reinvesting it, if you do the exchange?

With a projected 5% vacancy rate, and 10% factored in for annual operating expenses, and a conservative $800 per month rent, I'm still calculating a Cash on Cash ROI of 19%.If possible could you provide slightly less subjective feedback, and share with me what you think an acceptable cashflow should be. 

There are a lot of factors here...are their liens on it?

Because of these factors, I'm not really in a position to buy any of these buildings at least in the near term. 

As investors we look at quite a few metrics, and your choices depend on your lifestyle and your goals.

Now, if I had 5 people I go to regularly and I always get 3 bids for every job I don’t necessarily take the lowest bid, it depends on several factors.

And congratulations on venturing out and starting your own management company.Typically, this will range based on several factors - a couple of which will be: 1) your vendor relationships and, 2) your property management software.

Factor in any deferred maintenance you may have to do (i.e. plumbing, landscaping, paving road, etc).

Where experience will be a bigger factor would be on short term rehab, bridge, ground up deals or on perm loans for pure commercial properties (5+MF or other commercial types).

@Jason DiClemente this is more hypothetical, but I see where I messed up there not factoring the 70% LTV.