The reason I am looking at new builds is because I never done out of state invest, hopefully new builds give me less stress...:) With all that being said above, does that sound do-able?

For you, choosing will be based on different things such as how steady the area is where your property is, your plans for investing over a long time and the state of your money matters.

As Sasha stated, that is at least $75k you need to bring to cover your current debts alone, plus closing costs on top of that.Leave the $280k @ 4.25% in place and find some way to pay off that construction loan. 

Chad I find these NE states to be quite complex compared to the west coast states that are really cut and dry when it comes to these issues..

The intent of both parties in the contract is as stated.  

You are starting a new lease with these tenants, so basically you can charge whatever you want, including pet deposits and pet rent (assuming its legal to do that in your state), and increase in rent (again, some states limited how big of a % you can increase it).Its the balance of increasing it closer to market and protecting yourself for eventual damage by having pets in your units vs inducing a vacancy and starting over.....which can be scary but often its a good thing when you take over someone else's tenants. 

I'm looking into 1031 exchanges for a few of my properties and was hoping to find a qualified in the state of Florida to ask some questions about this program.

Having "squatter rights" for NY residences is like having "shoplifter rights" in our stores.In the article you referenced, they talk about the squatter showing up to court representing himself.

Hi everyone, i hope everyone is doing great. my name is cris and i live in san diego california now. i'm a out of state investor who own 2 properties in rockford il.

Firstly, start with your states laws regarding Broker/Agent communication.