I believe in getting an education but not at the price of an arm and a leg. 

If they are ok with you investing and you buy a profitable investment them i woyld say refi ASAP pay them back early and with a solid return on their money. you will have a backer for life if you make a smart choice and reward their generosity, plus you have a huge leg up that a lot of folks would kill for.

It's very rare taht the sellers agent actually goes out and finds a buyer and brings them to the table, using any additional leg work other than the listing itself.

They already doing all the cold calling and leg work, and want your business.

Then a LLC or Co. for the actuale operations of the investments, fund the Trust, which yourself (Dad) is chair of, and the trust owns the LLC and funds the LLC.

I always want to be able to take a 15-20% hit on rents and be cash flow neutral on all properties.My goal has always been to build out a large portfolio.ConRight now I am realizing over 12% Cash on Cash return after the refinanceI believe rents will increase 10% over the next two years on the street it is located due to gentrification.Property Tax Laws in CA (locked in at a lower basis)The property is truly hands off since construction; I have great tenants and have no issues.Finding the up leg of the 1031 will not be easy and if it is more than 5 units it will have commercial debt (not as favorable terms).Fees, commissions associated with the sale and purchase of new property.I guess at the end of the day my decision to sell (if I can get my price, you never know) was based on taking the money now and investing in another value-add opportunity.

The house might be nice, but when they see the pool with the potted palms, lounge chairs, etc. it always sinks the hooks in.

Oh for those who wonder how popular this was, I would say there was well over 30 people-we ran out of chairs and pretty much owned the back patio area.

I have also driven " during the Day Through Industrial Sites looking out for Empty Parking Lots        Local Chambers of Commerce have actually been helpful      You just have to be willing to put in the leg work .

that does not benefit me in any ways that they get more comfy chairs and nicer desks, or that they hired someone that doesn't really have anything to do with my properties.