However, I would look at the bills over the last year and split the water up according to occupants (upstairs=1.5, downstairs =2.5).  

Then he started to claim he was owed money under the assignment fee, but after reading the lease the only thing that was stated if we were to get a house or if we opted out, neither of which happened, so my question is how does he think he's entitled to anything when he didnt deliver a house to us and the lease was terminated by the owner???

Was bringing $600 due to the work it needed but it will bring $1200 in rent once renovation is complete3rd house-$125k value 2/1 with separated apartment. needs $20k in renovation after the last tenant left and in the process of now.

With the last 2 homes, I've been getting a LOT of verified, Zillow applications from out of state and they want the house in 2 months.

I would hook up with an investor focused agent, whether it be local or out of state, that will really be able to help you find something under the time crunch of the 1031 to avoid those capital gains.The other thing to consider that is that if you lived in the home for the 2 of the last 5 years, and are married, then you won’t pay capital gains taxes on the first $500k of gains.I hope this is helpful.

I am 24, graduated college last year, and have worked in the tech sector for over a year.

I heard the last meeting was at 10:00AM, so I assume this one will be at the same time.

Previous system lasted 17 years.My buddy is wondering which system will be better long term.

The most recent comps are from Oct, the rest are may-sept last year.

I am new to the world of real estate investing, but have been totally bought in to Bigger Pockets the last several months.