Her rents would continue to go up, and instead of having an asset, she had become someone else's asset.I genuinely felt mortified that nobody had helped her understand the value of home ownership.

Not really sure how else to go about it.

Good deals are out there and I would like to go after them.

@Darius Moezinia Refinance right after the completion of a 1031 is perfectly acceptable and is a frequently used strategy when cash is desired by the exchangor who does not want to create a taxable boot situation by taking cash or be seen as inappropriately accessing profit by a refinance immediately before a sale that begins a 1031.

If you can decide to go with 7k, now you have positive cashflow. 

His belief was to go for small condos (that allow 1-month lease terms) and stay away from SFRs.

Remember, anything that's online can be viewed by every other investor and their brother so to find good deals you have to go out there and find them yourself or use a wholesaler.

Sometimes it makes more sense to move a wall to open up a room or add a bathroom to get the desired bed/bath count.

Hi @Josh Flaucher -- Welcome to BiggerPockets.The BRRRR method is a good way to go if your have he time and want to be an active real estate investor.  

Please do reach out in the future.Yes, you need to go to the website and print out your one free meeting guest pass and I think by doing so you'll automatically register for the event.