Be mindful of this, and make sure you ask all the proper questions before you jump ship. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Do you have the Capacity/Ability to close, do you have the Character/Credit to close (including relevant experience), and do you have the liquidity to properly provide enough collateral (are you injecting enough into the deal).

I am currently holding the bag with about 10k in repair work to get the line functional, but greatly fear the day the water district needs me to remove my sewer line.What would you do from here?

Im at base pay since I Just started, top pay at this job is at 5 years and we make 100k base pay, there are guys easily clearing 160k due to OT and other extra money functions. we also have a lot of opportunity to move up in position, Supervisors clear 230k like nothing so right now I'm not making much but long term this is one of the best city jobs to work.

For the most Service has been responsive, they're adding more functionality, though wish I could track maintenance/repair requests and service fees for rent, but the cash management is what's keeping me here for now.

HOA violations are only grounds for evictions if you your lease requires them to meet HOA regulations, you have properly notified them of the violation, and they have neglected to resolve the issue.

It is therefore extremely important for you to know how to properly evaluate and choose a SAFE 1031 Exchange Qualified Intermediary for your 1031 Exchange transaction.You should always perform a careful and thorough due diligence review before making your final selection.

I think this will work because this 16 unit will function more like 40 units with 40 individual renters.

Do you have the professionals you need to start an LLC, do the proper real estate/tax accounting, solid contractors to rehab or prepare the property, and a property manager to handle the day-to-day operations?