Using a 1031 to upgrade to a two-family could help you reduce or eliminate the $1,000 out-of-pocket expense you’re paying now.Also, condos often come with HOA fees that limit cash flow, so be mindful of their impact.

Also with plans to reduce industrial "intensity" in and around residential areas. 

You could also add cash to your exchange account to reduce the debt replacement if you wanted. 

If the market rents do not cover the mortgage, you may do a no ratio DSCR for a higher rate/reduced LTV  Which most likely the 1007 will be nowhere near the revenue generated by a PadSplit operation.

In construction, there is only so much you can do to reduce your margins while staying profitable.

You start with a purchase and sale agreement and reduce everything to writing.

Has really reduced our water bills since we installed them. 

It is usually reduced leverage but an option! 

Stick to areas you know well; this familiarity can greatly reduce risk and boost your confidence when making purchasing decisions. 2.

These were not specifically related to owning rental properties but the clients' assets (including any owned property) was better protected due to having umbrella coverage.