Restoring, resealing and leaving the existing could be cost effective and make them look brand new.

You should be diversifying your investments anyways if you're a high earner. 4) Look into self-charged interest ( your interest income from lending to your business) that converts your interest income ( which is normally a portfolio income) to passive income.

Then you, the self proclaimed "Experienced" rider blamed the cycle shop for allowing you to get on the bike!  

Hey All,The question I have for all you self managing landlords today is, does anyone have any good tips or tricks (I don't mean actually tricking your tenant) into a simple and stress free way of having them sign a new year lease with slight rent increase about 2.5% Ive been doing this for years now and Ive just come to the point where I'm tired of hearing the same old "Oh well we are going to probably be moving" or "This is broke, I need a new stove, bathroom, car..."

Aside from that, have any of you set up your property so the tenants are enabled to self manage the property?

To complete an effective 1031 exchange takes proper planning.I have many clients that owned residential, hotels, businesses,etc. and are now up in years and want to be more passive in nature.

I both sell and purchase properties via the lease option method and one of my protections as the lease option buyer is knowing that the seller / owner cannot sell or refinance the house out from under me as long as I have that recorded option against the property effectively creating a lien. 

Some are very specialized, like WPG (malls in B & C cities) or NXRT (apartments in B and C neighborhoods) or REITs that are self-storage facilities, medical tenants, or cloud data centers. 

They sometimes overlook the free use of the space with no utility charges for at least the past 5 years when calculating their justification.My self-employed parents own the building, it is the source of their retirement income.

I have a private lender that finances mine from a self-directed IRA but have had no luck with traditional banks.