Hello,So I am a little curious about 1031 exchanges with respect to "step up in cost basis due to death".

You can seize assets and have them sold but again the costs are paid by you and added to what they owe.

You have to run the numbers - at $389K plus costs for the rehab, is it worth it?

With rent and mortgage costs doubling in recent years, affordability for locals has decreased significantly.

Plus, you want your lease agreement to fit your business model, help you to reduce costs, provide for compensation from the tenant for administrative burdens imposed on you by tenant acts or omissions, provide for procedures tenant need to take for maintenance and other tenancy issues, etc.

I also love it here.It will cost $100,000 and we will finance half with a personal loan @ 7% for 3 years.So im putting 50,000 in cash and I expect to earn about $2,000/month.

2) Generally, what's the cost for replacing the entire thing?

@Erwin Zelaya in my opinion, anything you can learn about home construction / improvements / remodeling / maintenance / landscaping is immensely valuable in this game.

Website creation, traffic and maintenance is a very large game and no one technique such as page speed will fix all. 

Severe settlement issues were later found, making repairs unfeasible. o avoid delays and extra costs, we quickly sold the property to another investor.