I just completed "How to Invest in Real Estate" this morning, and am now diving into "Rich Dad, Poor Dad" now b/c of allll the accolades.

We just didn't know how much lower until the appraisal came back - $25,000 lower!

It sounds like in your situation, the "DST" just layered in additional fees to process a 1031 exchange.The syndication game is rigged for the sponsor - and in some ways, it should be.

You just want to get that process started as soon as possible.  

If that is the case I would think you would be better off selling and just renting a place.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

But honestly with the private lenders, it is really just the rep you work with that makes a huge difference.

If you want to have one, fine, but they are unnecessary for a small business model like yours, just another expense as far as I'm concerned.

Also I believe it’s priced lower due to the area, I’m not going to be living there so it doesn’t really matter I just think with potential rental income it might be worth it because I wouldn’t be getting a mortgage but buying out all cash.

Otherwise, just give them a 3 day pay or quit notice then file at the JP.