Definitely be prepared to be challenged on that if $600 for your type and size of unit typically gets better rents.

But with such low price it might be challenging to find the lender.

You need to know the right people, actively engage them and keep going at it to find the right deal.

Again, buyers would have to be willing to participate in the 1031 exchange whether traditional or reverse. 1031 exchanges involving multiple relinquished or replacement properties are always more challenging from what I've been told by the QI and the 1031 specialist attorney I have used.And if a traditional exchange, then QI does not take title so lender participation is easier.

Retrofitting is challenging because it's hard to address both types of sound.Sound is sneaky.

Welcome JoesphI am also an engineer, (retired) in Baltimore MD.I invest in rental property and tax liens.The legal aspects of rentals in MD make it a challenging state.Wayne

I'm fairly excited, and so now my biggest concern is just that we have few foreclosures, a lot of cash buyers, and a strong seller's market - even if I can *determine* what a neighborhood is probably like and where it's probably going, getting my bid accepted is going to be a challenge.

I also own a condo in Providence that is now generating some nice cash flow for me.Any experienced flippers out there willing to cue me into some of the biggest challenges I will face will be greatly appreciated!

Every aspect gives a different set of challenges and puzzles to solve.Enjoy!

I've also enrolled in a real estate licensing course in an effort to learn more about the business.This website seems like a great place to share ideas and network with others who have similar goals, I'm looking forward to engaging with all of you!