You guys all appear from your photos to be young and full of life and see a future.

With the market slowing (here in Charleston) it is a wee bit easier to find a property not yet sold, so in many respects it is a better time for exchanges.  

But if you actually mean that the cash in was 46% of the purchase and $23% respectively then you would have made your reinvestment target. 

@Henry Clark id be happy to help, Madison Exchange is one of the most respected intermediaries nationwide. 

With ongoing climate change, freshwater irrigation is becoming a rolling catastrophe - just look at California and the eastern WA Yakima hops region. http://www.komonews.com/news/local/Washington-drou...The photo below is a good scenario to look for.

Not an easy thing to do where I am because there is a lot of demand for low-end houses and a cap of about $2k/monthly for market rent, but I have two right now that clear 12% & 14% annually, which is 1% & 1.2% respectively.

Because we are holding the property for shorter amounts of time, we can factor that into our price as holding cost is smaller.My question is, in your scenario how is buying outside of turnkey (assuming still use of a property mgr)  any different then buying turnkey in respect to cost, maintenance and risk?  

As you can see from the photos, water damage is starting to take place...It's a really old garage.The home was originally purchased in 2007 for $41,000 and is located in Springfield, IL. 62703I have a few options that I could pursue:Sell the house as-isFix the garage, then sell the houseDemolish the garage, then sell the houseI guess what I am asking is: is it worth it to fix this old garage?  

I had to remind myself to; stay humble and, that "society" may think delivering pizzas is below a respectable adult, but the rest of society is BROKE! 

Just like every investor has different margins they'll accept, and different cost structures... every contractor is going to have different cost structures and margins they will accept.A jack leg, out-of-his-truck, unlicensed and uninsured "GC" is going to have a wildly different overhead cost than a respectable firm with an office, insurance, licensing, and accountability.