I tell my clients, hold on everything until we sort this out.

It sort of looks like painted concrete, but the sheen is different.ThanksJustin

On income property its different if its smaller its a headache and requires management but larger projects often hands off just a check in the mail and a cam report to go through every month.

Should I look buy something larger and do a 1031?

I've been doing nothing but reading all sorts of books, starting with "Rich Dad, Poor Dad".

I am more familiar with Lowe's and I use the contractor desk which saves me between 7-12% on my larger orders.

I also intend to lend from it as well in the near future as the account grows larger and larger.My opinion: Holding RE in an already tax advantaged account is NOT the best use of retirement account funds.

I sort of stumbled into my Detroit property without actively looking for it.Still have a lot to learn and this is an outstanding place to do so.

This one that you have isn't punctual, and isn't ever going to be one of that sort of good tenant.

Due to the nature of second liens, the recover-ability is much less so the discounts are larger.