Or, other wise you will now have to wait 12 months after purchase to use the new value. 

Maintenance wise, Right now I have 6% for cap ex & 6 for maintenance, do you think I should bump that up? 

One other point if your going to get compensated for bringing a buyer and seller together in a real estate transaction your going to need a License broker in that state.. and if you want compensation you will need a license in CA and make referral fee's. other wise I guess your just working as a referring consultant on a fee basis. but be very careful of putting compensation on a hud. things go sideways that's the first place the lawyers are going to check.. were you licensed.

It definitely will clear the hurdle of "Is this investment wise considering the rate of return?"

It sounds like we are in the same boat tax wise!

Very wise!

That's one of the areas I'm focusing on knowledge-wise at the moment.Sorry about the long winded explanation, but it has been on my mind a lot lately.

One piece of advice I would give is, choosing a good business partner can do wonders for your business, choosing the wrong one will ruin it, so choose wisely

I agree with @James Wise, I would personally be comfortable in any suburb of Cleveland.

Requesting feedback from the wise RE Investing Yodas in this forum.Current status: Nearing retirement (3 to 4 years).