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Obviously we're seeking to do an inspection and have the property appraised, but I think we are in a good starting position.

I would start off by getting several quotes.I can tell you that my regular AC guy charges 40% more than the guy I go with.  

Hi Peter, I sent you a private message and a strong 1031X professional reference. 

It's free and very easy to use, especially when you are first starting out.

My opinion is while not directly correlated, when banks start losing money and increase in defaults lending tightens and large losses typically will lead to more job losses.

I’m sure there are more, but that’s a start.

I just started my career in the U.S. military and am hoping to have my first assignment in Europe, specifically Germany.

We also have access to a $30k HELOC, fixed 8.5%.The current mortgage is $1600 and exact units in our block are renting for $2600+/mo, but the property doesn't pass the 1% rule.We want to start investing in RE again.  

Another consideration would be to look at it as a start-up expense if it's regarded as a trade or business (can deduct up to $5,000 immediately for eligible start-up costs).