Investment Info:
Small multi-family (2-4 units) buy & hold investment.

Purchase price: $240,000

Cash invested: $240,000

(2) 2br/2ba, (2) 3br/2ba 4plex in Texas, near Fort Hood.

What made you...

It seems like a solid plan.

Peter McKernan, yeah a rock solid agreement is key.

Take it slow, learn much, save your money for down payment, take small solid cash flow investments and you will have good luck in RE Investing.Cheers

The escrow account is a solid idea that we did not think of.

Hey Vincent, Solid areas to be in. 

It loses you money.Think of your cash represented in 2 forms, liquid (cash flow) and solid (equity). 

Or since both LLCs are the same members there may actually be the opportunity to do some dissolving and gifting or gifting of interest.The gifting and consolidation processes will occur after the 1031 is complete so won't have any impact on. it.I just sent a colleague request if you'd like to process more off line.

Very solid ARV!

On the other hand, if you DO get an earthquake policy, your cashflow is a bit lower (but still sustainable), and you're protected against that disaster scenario (in theory, at least)....so, in that example, it seems like an earthquake policy would make sense, even if you have minimal equity (I'm guessing most investors are willing to sacrifice a bit of cashflow if it means protecting against potential bankruptcy)...Now, let's flip it around--let's say you only owe 100k on your rental that's worth 415k, so you've got solid equity.