Good luck to you.That is excellent advise 

That is an excellent strategy!! 

Make sure the insulation above the ceiling drys out or remove it. 

But then again, maybe you would excel at it.

With excellent credit why am I being quoted at 6.5% for an investment property, (non owner occupied, 20% down 30 yr mortgage). 

But excellent point on selling and buying back in the same market...I hadn't thought of that; and I definitely have a little more research to do with the exchange rules (another thing I hadn't thought of).  

I know BP is excellent for REI education/knowledge but has it helped increase your income?  

This is one of the deals I am looking at it's an 18 unit family unit apartment complex in an excellent area where the rent's similar will go for higher.Here is the deal:Asking price: 2.8 Cap Rate: 6%Avg monthly rant of all 18 rental is: $1200 * 18 = 21600 a monthYearly revenue of $259,200Vacancy: 5% (12,960 ) - I know this is lowNOI: 246,240Exp: $74,000 a  year (30% of the NOI) I know this is low as well. 

Both excellent states. 

@Reinhard Kurzen Andrew Greene at Perkins Coie is excellent, but on the higher end of the spectrum as pricing goes.PM me if you'd like.