I tried doing the same type of analysis for multiple properties and keep getting negative cashflows.Address: 11903 Fork Creek Dr, Houston TX 77065Purchase price: $110,000 (asking $128,000)Loan type: 30yr @ 4% fixedCash needed = $22,000 (20% downpayment) + $5000 closing = $27,000Monthly rent = $1,350Property taxes: $209/monthInsurance: $396/monthOther expenses (water, sewage, etc): $100Vacancy/repairs/cap expenditures/prop mgmt: 5/5/5/10Result = $1,350 (rent) - $1,425 (total expenses) = -$75.02 cashflow (??)

My question for those that have done this or are familiar is what is the better strategy....1) Identify and purchase multiple properties in the 1031 exchange or 2) Purchase the first property in the 1031 and then after the needed seasoning period, do a cash out refinance and then purchase the second property.I am not sure if one strategy is easier or more cost efficient than the other?  

I want to split the money into multiple properties mostly higher cash flow and some in areas that have good appreciation (Austin, Houston).     

I find there's always a gold nuggets of information in each one and I go back to listen to a number of them multiple times.

tenant was served multiple notices (3-day, 10-day and 20 day....too much detail to bother with here), eviction papers are filed with court and we were waiting for tenant to be served.  

I have sought to get loans in one country to purchase in another but it is very difficult to get aproval for such projects without security in the country of the loan.Any thoughts on leverage regarding investing in multiple countries?

im right there will @Alex Chin i think there is a great potential for Bremerton with inventory issues in the Seattle area and more people buying the new downtown complexes, i personally know of multiple buyers waiting to get into the BLDG 400 because of the closeness and another client wanting a nice little tiny house for 200k which is awesome for most places in america for a home that you could pick up for 60k it just has got to be close to the ferry and rehab.

Increased that work , lost work, had prices cut, you name it, it was a struggle to say the least, However the past two years I was able to partner with another contracting company and together weve grown, we have multiple crews at our disposal, an in house licensed electrician, plumber and hvac guy, concrete finishers, carpenters, general laborers an in house realtor etc.

I checked the mls and the listing agent says there are many multiple offers already in.

JOE'S GOLDEN NUGGET #2: Buzz words to find motivated sellers Buzz words to find motivated sellers include: multiple price reductions, vacant, back on market, as-is, seller to do no repairs, cash only sale, estate sale, probate sale, bank owned, REO, foreclosure, Fannie Mae, Home Path, Freddie Mac, Home Steps, HUD, etc.