Some are better that this than others, many more are more arrogant about how well they can do it than they should be.This is human nature.

You ROCK!!

The Rock County market is extremely beneficial to investors as it allows you to consistently see 1.5-2% rent to price ratio.

Naturally, Covid makes this tricky.

On a high level, here are the basics: it's a section in the tax codeallows you to avoid paying capital gains taxes on specific investmentsMove profits from one property into anotherLike kind properties same in nature or character45 days to id new properties to close on180 days to close on an identified propertyAvoid taking possession of the moneyTalk to your lender (and your CPA) about this as they can advise you on the rules for a 1031 exchange.

@Andrew Syrios We plan on keeping it up and Rocking it to 100+ units by 2019, and quitting the day jobs for the full time Real Estate world!!

Anyway, this buyer LOVED it, wants to buy it at full price, but due to the unfinished nature of the home, got it in her head that she could customize EVERYTHING.

I have a basic understanding of the expenses I will incur however I am not sure if I will need any licensing or permitting or anything of that legal nature.

As to the choice between condo and Coop, after I learned more about the nature of Coop in NY, I don't think Coop will fit my investment goal, even though I will live in this property for at least 1-2 years.  

Put in a very nice Grohe shower system that's really far too good for this rental, but I got a great deal on it and it's rock solid.The sill was 2 cm marble I got from a friend, sealed with 511 Impregnator.