It can vary based on the neighborhood and the property's condition, though.

So in theory you could take the 80k and then 1031 exchange the 15k into another property and defer part of the gain.

The OP's premise is these properties are managed by a property manager versus the owner.

I have begun engaging with several agents on available properties, while at the same time, trying to put the structure in place to support my future acquisition. 

Hi everyone,I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC partnership.1)  are we subject to transfer taxes or fees for the transferring?

Hey Jason,Sounds like it is time for you to refinance your properties into DSCR loans.

You know SEVERAL that have placed liens on properties?  

Purchase price: $298,000 Cash invested: $20,000 Sale price: $510,000 Personal home for three years, turned into rental property for next seven years.

I’m exploring investment opportunities in the Poughkeepsie area and have a few questions about some properties I’m considering.

Yes, there is the possibility of legal action if the property owner doesn't follow through. 4.