That would have been fine, but just doing that wouldn't have worked, according to 2 lenders I talked to, to justify increase in purchase price.I considered doing a very minor amount of work- just painting the house, putting new floor in kitchen or swapping out existing countertop for cheap granite- something like that.

Some LLs just have multiple sets of hardware & swap them between properties.

The data in CoStar is incredible and its much easier to find properties and contact owners with off market offers.You also might be better off swapping your current holdings for a building or selling them in a portfolio sale to 1031 them into a higher income producing property.  

I don’t drink coffee, but am nearby in Lynnwood and would certainly be interested in meeting up to swap wisdom, etc.  

I am not sure this debate has occurred here on the boards.First let's understand what the definition of a security actually is:The term ‘‘security’’ means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a ‘‘security’’, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.So right there at the beginning of the definition we see "any note".

Let them air dry and simply swap them out next time.This will save you a lot of money on filters.  

Seemed like a good swap...."...

I swapped 2 nightly rental condos into 3 properties which equated to 7 more doors.

It also sounds like a Drop and Swap can get hairy if done at the end of the hold period, especially with a promote structure.

So we swapped cars.