Three out of four problems can be solved by screening the right tenants in the first place.

An investment of just $450,000 for the land and the 1200 square-foot house now has the possibility of creating two or three more units of housing cash flow as a rental and force equity of two or three times the initial value.

And congrats on owning three paid off rentals!

Lenders might consider this if the other members have sufficient credit and income, but this is up to the lender’s discretion.3.

These three reasons are a lot to digest at first because this loan is a paradigm shift for most Americans. 

If the lot was split into three parcels, 2 units + 1 unit + 1 unit, they would be correct.

They show up and ask three questions and then get one negative response, go crazy, and tomorrow they are in a day trader forum.

so James, this wolf-eating-wold cycle, in the last 30 years of data happened three times :1.

Unlike a 1031 exchange, it gives you more flexibility in timelines and reinvestment options:- You typically have two years (sometimes up to three) from the end of the tax year in which you receive the insurance payout to reinvest in a similar or related property.- There’s no requirement to go through a qualified intermediary, as with a 1031 exchange.3. 1031 Exchange: A 1031 exchange is also an option but is generally less favorable than a 1033 in involuntary situations.

So if you ave sufficient income to hold the properties and goal is long term wealth building, you are likely to be good.