Although new roofs can be a real PIA when selling, you'll have expenses to sell it as well.Any chance you could AirBNB it?

Your son would be the initial minority holder.Have your lawyer set up a strong operating agreement that will not only provide asset protection but also keep your son as a non decision maker even if his shares interest increase in the holding LLC, making you the one in control.Every year, gift tax free to your son more interest in the holding LLC (up to the gift tax exemption fair market value).This holding LLC will file a 1065 and issue a K1 to all members.

Good evening all,When I am running my numbers on an investment property and I am supplied with the property tax from the owner, how do I calculate the increase in property tax based upon its sale?

A grow operation and the cash aspect though could increase security issues.

What are my chances looking like ?

On the other hand, if someone just started swimming and hasn't done long enough, what are their chances of being able to swim long distances?!

Chances are you will not see their LMR anyway.

I know a lot of working professionals that only do condos for this reason - they just don't have time to deal with the increased aggravation of a house.There is a lot less competition from fellow investors.

We're keeping LTV low, taking more term on our debt than we anticipate needing, and have a plan that focuses on bringing the old leases more in line with the current average rates.We also run Downside scenarios to see what the numbers look like if we're wrong about room to increase or (worse) the market changes and results in vacancy going up and rates going down.Those are not pretty of course, but a large part of winning is being able to stay in the game.

The increase in market price has allowed that to happen and it is partially built out.