Which is why I always recommend some key points to include in your selection and due diligence:Avoid lower cost homes and low income areas .

You will have a better chance of getting financing, distribute the inherent risk of real estate investing, and have multiple incomes to pay rent (lowering your contribution towards rent).However, you would be wise to have a in-depth discussion about this with any partner you take on.

if I was in this situation and was worried about the appraisal coming in a little lower than the "cash" offer I would counter that I would accept the cash offer with no stipulations - meaning no inspection, no appraisal (as is) and see where they land.

But, why would an agent take an offer lower than all the other offers so that you can wholesale it to your buyers?

Hello everyone, has anyone had any good experiences with general contractors in Yonkers or the lower Westchester area.

This in turn lowers the amount of your reinvestment requirement for the 1031. 

Higher emotions lead to lower intelligence.

We get to benefit from much higher rent demand and lower taxes in Indiana than Illinois our typical turn key is about $90,000 to $125,000 and rents from $1100 to $1350 There is a lot of opportunity with all the railway and airport expansions in this area and we are seeing retail housing jump 10% plus.

If you're talking about investing in real estate, usually lower ROIs equate to lower risk investments. 

At that time of conversion, the "adjusted basis" of the property for is  - your original basis - a depreciation that you already took,  So when you go rent it out after moving in and renovating it, the depreciation starts over27.5 years but with the adjusted basis ( or FMV if lower).