Background info: A tornado came through about a year ago and tore up the carports for a rental property of mine in Iowa (I own one unit in the 12-plex).While the carports have been rebuilt, the HOA's building insurance is coming up for annual renewal with a VERY steep price tag.

Since you have good income, you should try to maximize equity build rather than cash flow (which you will pay taxes on if you take out of the property to pay yourselves).

Once we jump over our ethical / pro standard hurdles, it is up to the client to pick between Option A and Option B.Find someone that is aligned with this way of thinking, and that you can have open and free communication with.

If you do, you just want to make sure you're up for the management complexity (tenant communication, multiple leases, maintenance, etc)If you want to unload your commercial property, remember that you can 1031 into all kinds of different assets, depending on what matters to you most.

(ABOUT 0.9% of the building’s value per year owned.).

I will appreciate your responses, currently I am developing guides from BP resources to prepare myself to interview and build a team.

Can I ever communicate with them?

I am looking to build my cash buyers list and am determined to get my first deal.

If not, generate cash and build credit profiles for free i.e. 800 FICOs and 80 PAYDEX LLCsbecause when you need to raise money, the more options the better.If you need any advice on building credit effectively on the cheap,feel free to reach out :)This is my opinion and I'm not licensed,John Acheson, MBA

My goal has been to go full time into real estate and I have been working as much OT as possible to build more capital.I purchased my first LTR two years ago and the net cash flow is $500/ month.