Account Closed I've got a property under contract in Riverside, OH that's looking to go for ~800 for the 3 bedrooms, and "supposedly" has a tenant in a 4 bedroom for 900, but that tenant has been on month to month for the better part of the year.I've gotten copies of the lease agreements and it all looks on the up and up.

Im involved in real estate I suppose.

And I’m wholesaling I just thought I was suppose to take sign purchase and agreement first and hand those in and THEN I go find my buyer

Even if it did, I suppose the best idea would be to require the tenant to have their own insurance and add the owners of the property as additional insureds on the tenant's policy.

@Chris Clothier Yes it was a house that was supposedly renovated before I bought it.

It won't do me much good in the long run to refi OUT of the secondary market, back to less favorable terms.If so, I suppose the steps would be:1) Form multiple entities to hold 10 or less properties in each.2) Move properties into the entities so that I only hold less than 10 in my own name.3) Refi those properties that are now held by the entities at my favorite local bank.4) *Hold for 6 month seasoning period (I've been told it is required).5) Refi again into a secondary marketAlso, do you know if it matters which corporate structure I use (LLC vs S Corp, Corp)? 

@Robert Lindsley you’re supposed to use NOI for cap rate analysis.

Unfortunately everything you’re posting is specifically saying “we are going to do this in the future...this is our specific plan...” your “plan” is supposed to be buying investment properties and exchanging them to other investment properties.

@Yengkong Sayaovong ac is only suppose to change the temp 20 degrees at a timeI’m rather new and surprised it says you must keep it on all day.

(You can’t use your existing accountant or attorney since they are supposed to be independent and not presumed to be under your control since the real purpose of the 1031 exchange agent/intermediary is to keep you from touching your money during the exchange.)Before you finish the sale of the first property (the “relinquished property”) you let the closing agent know you’re doing a 1031 exchange and give them the contact info for your exchange intermediary, then the closing agent sends the money you would normally have gotten to the exchange intermediary instead.At that point you have 45 days from that first closing to both identify up to 3 potential new properties, one of which (the “replacement property”) you have 180 days to actually close on.