Annual savings is $2797 and lifetime savings of $84KIf you kept making your same mortgage payment, you would be paid off in 24 years.

Insurance rental license once per year water bills since Section eight doesn’t cover that on duplexes with 1 meter.

I am looking for my next real estate investments.I have been doing fix-n-flips for the past 5 years or so, but that market seems to have dried up.

@Oleg Malkin, The 1031 exchange is used to track your tax deferral with the form 8824 that your accountant files in the year of your exchange. 

Since we won't have a mortgage, our hope is the property will appreciate over a few years and when (hopefully soon) mortgage rates come down, we can do a cash-out refinance on the home and invest in additional property(ies).Does this seem sound?

I have been doing all my investing in the Cleveland markets for many years, 100s and 100s and 100s of deals.

Over the years I picked business degrees, real estate license, tax preparation training, loan officer licensing and training, investment / CFP training and it is all tied together in one big connected body of knowledge that emphasizes appreciation, debt pay down, cash flow, and tax write-offs...  

Annual savings is $2797 and lifetime savings of $84KIf you kept making your same mortgage payment, you would be paid off in 24 years.

Hi @Zach Chandler, I came across this post from a few years ago. 

(i.e. maybe .25-.5% better interest rate and perhaps a 30 year Amortization instead of a 25 year Amortization).