Hi, We have five garnishments on evicted tenants in KCMO that our Lawyer is chasing, with very limited success.

Cruz seems to focus more on seller financing which seems to be limited as a lot of sellers don’t offer this.  90 day rental road map focuses on private funding with exclusive lenders for their students that will fund 100 percent of the deals.  

With limitations on court operations, no evictions related to non-payment (COVID-related or not) can be pursued right now, and likely for several months.

The system is what's really broken:1) S8 should have a time limit - get free housing to get your life in order and move on.2) S8 should have strong requirements for taking care of the home taxpayers are paying the rent for. --- We haven't seen a S8 inspection report in over a decade that required a tenant to fix damages they obviously caused.

I do have my limitations, but if the tenant is otherwise responsible, pays their rent on time and does not destroy my property, I can deal with the weed.

So, you may not have have the ability to increase rents because Section 8 limits how much you can charge, which may not keep up with inflation.Not everyone has Section 8 issues as my clients had, but you will more likely to have more problems than with non-Section 8 tenants.Multi-Family vs.

Personally I’d do a 1031 to save $40k, I’d skip the LLC, increase the limit on my umbrella, and call it a day.

Small entrepreneurs should not diversify their limited resource if they want to grow.  

They are good for comparison of different assets and limited in telling you when, where, or how to invest.

Closing Costs – Remember to factor in refi fees and how long you plan to hold the property to determine if refinancing will save you money overall.Since you mentioned owning the property for only a year, your equity might still be limited, impacting your options or leading to higher costs.