A 1031 exchange will allow you to sell your building and use the proceeds to invest in a small multi family and/or medium term rentals.

Other lenders will specify a maximum LTV.Payment Options: If you allow payment deferral, note it here.

These are by far the least amount passive so do your due diligence on understanding how to run a successful STR business and researching local laws on allowing STRs.2.

They have to allow them in to inspect to make sure things are copacetic.

For RE owners, death allows you to pass assets to your heirs and step up in basis, effectively eliminating recapture.

I would allow for differences of opinions that are amicable, and even sometimes heated, as long as names and profanities aren't used.

Non-renewal notice sent today and posted on their door, allowing for them to leave anytime between Feb 1 and March 31 with a refund of their rent on a per diem basis (if they've paid for that month). 

When that portion was complete, I could then receive draw money which allowed me to pay my utilities, taxes, and mortgages.

If you want to defer taxes, a 1031 exchange allows reinvestment into another investment property, but the replacement property must be held for investment purposes.

Home prices in OKC remain affordable compared to national averages, allowing investors to acquire properties with strong cash flow potential.