One unit is a one bedroom with a miniature kitchen area and a fair size common room area.

Please let me know how you guys handle the chart of accounts?

Homes are half the size and twice the price! 

I used express.realquest.com as my market analysis/comparbles as you can see below where I got the offer from.Summary Critieria Low High Median Subject Property Sale Price $50,000 $355,000 $131,250 $62,000 Building / Living Area 1,273 1,630 1,382 1,468 Price Per Square Foot $37 $243 $90 $42 Year Built 1967 2008 1984 1984 Lot Size 732 1,812 1,368 1,468 Bedrooms 2 3 2 2 Bathrooms 2 4 3 2.5 Stories 1 2 2 2 Assessed Value $70,000 $268,400 $97,600 $95,100 Distance from Subject 0.25 0.65 0.62 Address Price Assessed Sale Date Beds Baths SqFt Lot Size Year Dist

Their are no "one size fits all" solutions.The depreciation strategy does have recapture consequences but a $1,000 deduction today is worth more because of the time value of money even if you have to recapture.Also, even if you cannot take losses today, you can build them up as passive loss carryovers.

Every situation is different and there is no one size fit all "buy the car" advice.

No pass regardless of size.  

Whether your exchange is $100,000 or $1 million, DST investments can be sized to fit your exchange.

He just got a decent sized insurance settlement an I told him if he invests it right he could be set in the next 5 to 7 years.

Among all the other great information, you walked me through a couple of points I've really been struggling with in considering the jump to commercial MF properties.I would love to be able to get non-recourse loans, but from the research I've done (talking to some commercial mortgage brokers and listening to a couple of guests that are brokers on podcasts) it's likely I'll have to work my way up into that size property, which I really don't have a problem with.