I have received net cash equal to the down payment and all the equity would be additional profit.

If there are two tenants renting from me that aren't married, I try to make sure at least one of them meets that standard on their own for situations such  as this.3) My lease states that all tenants are equally responsible for the entire rent, not that each tenant is responsible for half etc.

This being said—- there are some (actually many) who simply do not believe that you are equal to them because you are simply a woman in the Rehab/Construction space especially.

A high school equivalency, GED, and standard high school diploma are all equally counted.

The total value for the 3 replacement properties have satisfied my 'equal and up' requirement under a 1031 exchange.

But even if you were to move forward with the 1031, you will need to reinvest all of your equity (not just your gain), all of your debt value, and trade equal or up in value based on the net sales price of the relinquished property.

@Alan CrookhamIf you want to get fancy, you can do it on a Spreadsheet like this:Column A&B says that you paid $80k for the Investment, put down 20% which equals $16k and mortgaged it for $64k.

All agents are not created equal with regard to working with investors.

I simply want to make sure IRR is 15-20% for my first apartment deal.I understand IRR is the unique rate that makes pv of cash inflow equal to initial. investment.

If you plan to hold long term, it will all equal out.What is covered by the Electric expense?