If it doesn’t cash flow in this scenario then it was a bad deal to begin with.

Then your financing costs, to see if you have cash flow at end of the day (if you plan to hold).  

With their new lower management fee, it was worth us to go through them, and they will provide legal assistance if theCity starts causing headaches. 

Getting those properties for pennies on the dollar, renovating them so they can withstand another 100 years, and fully furnishing them at a 30 day minimum is giving off some solid cash flow!

Look through the listings in Portland and where you might live.1.  

@Patrick Irish based on what you say, the Sec 121 Exclusion and the 1031 Exchange both seem like they'd be good options for you to defer capital gains on sale of the townhouse.Sec 121 Exclusion has 3 requirements: First, Determine whether any of the automatic disqualifications apply (acquired property through 1031 exchange in last 5 years, or subject to Expat taxes)Next, meet the ownership requirement -> you owned the home for at least 24 months (2 years) out of the last 5 years leading up to the date of sale (date of the closing)Finally, meet the residence requirement -> owned the home and used it as your residence for at least 24 months (or 730 days) of the previous 5 yearsThere is no “Wiggle Room” but there is a Sec 121 “partial exclusion” for people like you that missed the residence requirement by a few months.

Hey BP, can someone walk me through how a lease purchase works?

Open to any tips for going through an eviction in Texas! 

Cleveland is a great cash flow market, but you really need someone who knows the area to provide guidance.   

You can also find real estate investing groups through meetup.com, facebook, or a Google search.