We are definitely going to change the way the business was being managed.So here's my question: what's the best way to change the rent given our situation (Below)?

Our brokerage does a lot of business out there. 

This poses a challenge because one of the requirements for a 1031 exchange is that both the relinquished property (the property being sold) and the replacement property (the property being purchased) must be held for investment or used in a trade or business.If your client's mother purchased the land less than a year ago, it's unlikely that it would qualify as replacement property for a 1031 exchange because it hasn't been held for investment or used in a trade or business for a sufficient amount of time.However, there may be other options available to minimize the tax implications for your client and his mother:Hold the Property Longer: If your client's mother holds onto the land for a longer period of time and can demonstrate that it is held for investment purposes, it may become eligible for a 1031 exchange in the future.Consider Other Investment Properties: Your client could explore other investment properties that have been held for a longer period of time and would qualify as replacement property for a 1031 exchange.

I am considering options such as launching my own business to working a 9-5 to working in the real estate industry and many more. 

Thursdays  in general are very good for me, but I'm very busy until I come back at the end of September.  

Purchase price: $140,000 Cash invested: $50,000 My first ever Multi Family Building that I got at a good deal from my first Mentor into the business.

If it's taking longer than that, consider whether your price is too high or your marketing needs improvement.Take 10-20 minutes every day to study the market on Zillow, Zumper, Apartments.com, REALTOR.com, etc.

Most work like this: •Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Here's a couple of good Quotes:1) "Real Estate Investing is not really an Investment, it's BOTH an Investment AND a Business."

Hi All,I am thinking about listing my business and using the money for real estate investments.