And if not, that ALL deferred maintenance will be taken care of by either the seller before closing or providing cash or they buyer in the 6-18 months after purchase.Lenders on larger properties will require that that happens.So essentially, if you leave out CapEx on your valuation you have to assume the property is in perfect operational condition.

There are benefits to owning. 

If S8 is not rising annually you need to drop all S8 tenants and get out of the system.If there is no additional financial benefit to renting S8 ther eis zero incentiveto be in th eprogram...except maybe for disconnected landlords.

The tax benefits, equity and appreciation rates will make it worthwhile if you're able to do it as well. 

From what I understand, having rentals in a Roth IRA would be smart because all rental profit at retirement would essentially be tax free.

Donald Delt note investing is essentially being the bank.

In addition, I sent what is called a "goodwill letter" to the collections agency with the payment, essentially asking them to remove the derogatory mark. 

The other camp of investors puts off maintenance for as long as possible and essentially bleeds a property dry and may have trouble selling at the end because so many repairs have been deferred.

Without dragging the post out too much, it was essentially a gut remodel (saved cabinets with paint), new bathrooms, new hvac, new windows, new flooring, new paint interior/exterior.

Hello All, So if I am understanding you guys right @Mark Creason & @Dave Foster what you are saying is that if someone sells a 300K property that they have 150K of 'adjusted basis' in, and they want to take out 150K of 'boot', there is essentially no point in doing a 1031?