It has been difficult with having my own business and HR consulting outsourcing plus doing the real estate and maintaining a wife and daughter happy.

Those payments therefore cancel each other out.The net effect of these two separate transactions is that the seller is able to defer the capital gains tax for 30 years and also obtain cash equal to 93.5% of the net sales proceeds (via the loan).

He also will tell me when the thinks I should take a different approach or am wrong, and I listen.So, the things I'd draw from this are, setting clear expectations with the landlords you work with, and maintaining a good rapport with tenants (that does reduce vacancy rates and people moving out, in my view), and being willing to go the extra mile (within reason).

Get the police to escort in as means to maintain safety??

Taking your own money out and buying another property while maintaining equity in the property you cashed out on.I think overall the numbers have to make sense (and they often do) eg. your mortgage was $1000 before but now it’s $1400 after the Re-Fi, but you are still renting it out for more than $1400, and now you have a second propery bringing in cash now as well.I’m following this thread as I am still learning myself!

She has lived in the property her entire life and inherited it from her parents.The duplex is very old and has not been well maintained.

I still would not even consider those, here is why:These types of properties will almost certainly require significantly more time to effectively manage, even if you hire a manager, they wont or do not want to manage in these areas (its more work for less money, to due to lower gross rents).

Logical, but the secondary effects are uncontrollable.

Both had an immediate effect on most markets across the board. 

Need to do more research on more cost effective options.