Avoid new american funding, they pulled 2 financings on me on the day of document signing.

The challenge is to avoid having the heating oil level drop so low that the stuff at the bottom of the tank enters into the heating unit, since this tends to cause trouble.Now, there are some other things a landlord should provide - manuals for how to operate any appliances, for example.

Plus, I think I could get closer to $1.5 today but I am still waiting for the new appraisals to be done.If we sold them, I have considered becoming a hard money lender to see if I like that aspect of real estate.

True, and although they take longer in rehab timeframes, you reduce some of your competition as many avoid such deals.

Another way to avoid the tax hit on selling the townhome is to do a 1031 exchange into the three new rentals.

The real benefit of the tax treatment of rental income is that you avoid some of the tax on the rental income.

The other aspect is while some deductions and strategies might be legal they GREATLY increase your chance of an audit.If the payoff is small then risking an increased audit for the small gain might not be worth it.You need to have this discussion with your tax professional.no legal advice

They are on a lot of "tax avoidance" watch lists these days so can be problematic in the clients country of origin.

I understand that the 70k mark might be too low for A properties, that's why I am looking also to B or B- areas.In fact for the moment I have 150k in cash, but because I am looking for quite high returns I figure that I need to be in the below 75k SFR's.Any alternatives that give me the best return on my 150k are welcome, but I don't want D or C- areas because I want to avoid too much bad tenants and expenses, short leases etc...

This would help us nail down one aspect of the equation.