My wife and I just got offered a position to manage a small building in exchange for free rent.

That includes marketing, move-in/move-out inspections, key exchanges, running a credit check each time?

Overall, this strategy is less work, less risk, and earns a higher return than the stereotypical turnkey duplex.Alternative 2: For those willing to assume more work and risk, in exchange for a higher ROI.

I don't mind giving up several percent in yield in exchange for build-in equity.

Should I do a 1031 exchange or not on this because I know its costs some money to do a 1031 exchange.

And that is cash investment, if I used leverage, the profit numbers would soar off the charts.6) Hold for at least 1 year so that I can 1031 Exchange the properties to defer paying most income taxes.

Nov 7th we exchange words when I try to collect the rent AGAIN.

I offered a rent discount for this month in exchange for them signing a 6 month lease extension to get me through the winter and into spring.

The original down payment is always fixed, some loans are fixed and the commercial 5+ units are always ARMS.Over time, as you move rents to stay current with the FMR, your GSI & NOI increases while your cash investment and mortgage payment stays relative fixed.My original CoC in '97 was much lower than my final when I sold it in April,'2016.With an initial LTV of 68.8% from a 1031 down payment, my CoC was  26.2% in '97Today it's more like 52.4%

Makes perfect sense 👍For the tax benefit of rolling into another property(1031exchange)How long are the capitol gains on that defferred?