The worst thing about a 1031 is the fees charged for the simple filings and acting as the intermediary, my last one was almost a grand, for practicly nothing.

I dont know that there is ever a good time for a $11,000 bill but this is gotta be one of the worst times with gas and consumer prices going up up up.

Worst I've seen was a house with a sinking foundation... thought it could be fixed, turned out there was a underground stream running through the middle of the house.

Their 3rd party uses the worst lock sets and do a shotty install.

I'm looking for a slow pitch to start off with, something that considering the worst possible scenario, if everything possible goes wrong, I can still come out of the game okay.

And others decide to buy a multi-unit property, and move into one of the units, renting the others; this provides the best of both worlds (and the worst :).Also, remember that that the costs of ownership are often similar to the costs of renting -- you have taxes, extra insurance, maintenance, capital costs, market risks, etc -- so neither is cut-and-dried the better decision in every situation.

Given that I have title insurance, worst case is that I turn it over to them and they are on the hook for clearing the loans or shelling out the $60K.

It's a major rehab and fire jobs are the worst ones, very dirty work and haul offs will cost you more as well as the ash makes a real mess.You should be able to do much better than 6% as Jon pointed out, especially on 300K+Also, going from 4 to 5 units might mean you will need to obtain a zoning variance as 4 plexes are a zoning category in multi family, usually 2 to 4 family then above.

I know this topic has been addressed on Bigger Pockets before, but I'm researching an article about the best places to be a landlord (as well as the best places to be a tenant). I'd love to hear from some landlords ab...

I am thinking of getting an average time and worst case scenario time and cost for each task.