If it isn't, sell and hopefully pocket some profits to invest in something else.If it is for you, you could repeat the process and buy another owner-occupant property and rent our your previous.

I’m in the process of stocking my tool belt with all the knowledge needed to take full advantage of my assets. 

I am in the process of researching this subject. 

if your goal is cashflow, but you don't want to self-manage a STR or MTR, then selling to make that equity work harder for your somewhere else is the only thing that makes sense. q: would your time be better spent focused on flipping & letting that rental break even, or going through the process of turning that equity into cashflow via a 1031? 

@Alba Cheung You can initiate the eviction process yourself, by filing an eviction notice at the Fulton County courthouse.

interesting to see, a bit different but any market has development that works. we do a similar strategy for new construction but it's based on land location and identification rezoning zones that are ideal for high density in columbus oh, and a product that does very well which we do a triplex on a slab. all the same. 50k for a lot, 300k hard cost build for a stacked 2/1 triplex about 650 sq ft per unit, appraises for $500k approx when done, total return of capital within 12 months (Build, rent, refinance, repeat), and then redo the same process. it's harder to do it in some areas but in columbus we mostly do it in the urban core where density is typically supported because of the abundance of multifamily already. 

Background:I'm in the process of saving up so that I could possibly get some property in NYC in about 2 years.

Hello all, I am reading on the real estate investing process and i plan to buy my first property with an FHA loan, however, as i am no one with any experience on rehabbing i have this concern of pricing.So when i find a property and get to the inspection part, i understand they find issues with the house, some which can be minor and others major.

First they'll ask for $$$ for paperwork processing $1,500.

I had to generate 100's of leads in order to eventually find a good property that will work.Figure out a process/system that will allow you to generate leads like a machine.