I was told I couldn't utilize a 1031 exchange because the second property had a lower value than the first, so I didn't bother with a 3rd party 1031 holding company.   

It’s just surprising that between taxes, insurance, lawn care, utilities, etc, it’s only $12k.

I’m trying to figure out a way to invest in a property or rental so that we can utilize it instead of paying another mortgage in the cost of hotels and airbnbs.

Holding an apartment for 2 months means 2 months of mortgage payment, utilities, maintenance, etc.

I am currently reading BRRRR by the super hyper sports car David Greene & I am a little confused as to how does refinancing your home during a market crash save your equity.

Based on what I learned from the internet, it seems that the best way is to count the number of rooms in the house and take a percentage of the total household expenses, i.e. we have 4 bedrooms, 1 living room, 1 dining room, 1 kitchen, 1 office, so the office expense should be 1/8 of the total expenses, including property tax, utility, home insurance, etc.  5.

Most store bought systems out now utilize WiFi but the property doesn't have WiFi set up yet.

A question for those with experience house hacking a multi-family house:What was the most financially-intelligent way to utilize your tenant's rent to apply it towards your own mortgage payments?

My current living expenses for renting a room in a house including utilities is about $1000.

I can do most of it remotely, but there are times where I really need someone on the ground to run an errand for me, like meet the utility company and show them where the trees need trimming near the power lines, to drain the water heater, etc.