I'll have to spend most of the profit within 6 months to do the 1031 exchange.As I said earlier in this thread, no one will lend me money since i own 2 places.

So, it seems worth it to spend 7-12 more for 20-40k in extra value.

I'm spending the week pretending to be Steve Jobs and trying to reinvent landlording.

Paid $180,000, spend $60,000 for deferred maintenance.

For the last half of 2012, I'm going to be spending some time learning how these managers are running their funds.My day job is working at a firm that does accounting and reporting and I see what Private Equity investments are returning.

I feel like I could go 2 years and not have to spend much at all.

I don't think I would spend too much time looking as I don't think you will find too many lenders willing to underwrite a refinance loan like this.So perhaps, skip the thought of refinance and just start marketing the property.

Additional expense is that MFH is in flood plain, so I need to spend $375/year for flood insurance.THIS WEEKINSURANCE - I purchased similar insurance coverage for $1700/year, compared to prior $2050 year.

Most mentors only have so much time and need to spend it profitably.Do you have money?

He comes and spends a couple weeks at "gramps real estate camp" every year and is really something.