Nobody should ever put down so much money prior to any work being done.

I guess I will do as David suggested, record him on my phone if he ever goes bananas again. thanks again

Hello BP -I'm a real estate broker here in Long Beach, California and I have a client that would like to sell his condo rental, that is paid off, and do a 1031 exchange for a larger multi-family property.

why would you ever want to sign a 35 or 36 month lease on residential properties?

If you ever have any questions about Detroit feel free to ask me anything.

The only time I ever see any significant number of trailers for sale that can be moved is during freeway expansion projects - and most of those projects that would effect a park have already been completed.Also, actually moving one of these things is task of monumental proportions. 

@Michael Stanley NinoDo yourself a favor and invest passively alongside an experienced investor who can put you in a much larger investment (100+ units).

A 1031 exchange is not right for everyone, but when comparing the numbers...Option 1: Have a larger asset base to work from and reinvest in income producing properties (via 1031 exchange), orOption 2: selling, paying taxes, and investing in the stock market (which may or may not be paying dividends).An exchange can also be thought of as an interest free loan from the government - you only pay the taxes when you do not reinvest in like-kind real estate.You do make a compassionate argument for your current tenants, and that does not go unnoticed, however as @John Warren pointed out, your return is very small. 

Ever heard of 'coyote roller'?

Have these rules and standards ever failed you?