The below market rental units would be raised gradually to market or raised when the units turned.Duplex Numbers (All three together)All Monthly Payments: $1600  (Repairs for empty units will be on an LOC and payment on that is included here) Taxes: $500 per month ($6000 per year) - I think I can get these loweredInsurance: $1200 per yearMonthly Income (($630 + 725) * 3) = $4065 when fully rented - Should be feasible by April 1$4065 -1600(pmts)-500(tax set aside)-100(ins set aside) = 1865 remaining$1865 - 325.20 (PM) - 600 (reserves) = $940 remainingThanks for reading this far!

Any cash you take out or any amount you buy less than what you sold is treated as a taking of profit and you would pay tax on that amount but shelter any remaining profit in the 1031.You purchased for 560 and are selling for 700net.  

While I hope she remains healthy and independent for a long time, life doesn't always work out the way you want it to.  

Therefore the tenant remains solely a tenant, just renting the property, until they choose to purchase. 

many reasons the rent has remained at $750 for a long time. 

As an inspector, we learn what to look for and estimate remaining life of major appliances and roof.Ben's approach, I believe, gives you what you are looking for. 

I've called my bank and they have no product to help me (and had no knowledge of what an SDIRA LLC is)...and maybe there is no option but thought I would check with others.When establishing a checkbook IRA what do people do for the actual checking account...meaning,If I have 200k that I want access to I understand the steps required to establish this SDIRA but I hate to leave 200k in a checking account and earning nothing or very nearly nothing in investment interest...I will have the 200k sit there until I find the right investment, maybe the investment doesn't use the entire 200k, and/or then there is the money coming back in from rents I don't really want that to sit either.I do realize that I can buy other investments via this account but what is the best way to do so while still remaining liquid so I can pull the trigger on the right opportunity?

Looking to possibly buy a property for him to stay in plus rent out remaining space.Looking for something that would cashflow as a standard rental in case market turns down and I can't sell when he graduates

In our area is mostly inflated ARV's and underestimated rehab costs.

The asking was about 100% inflated over market and I'd only be looking to pay about 60% of market rate on this one.