How does paying mortgage on the property work?

You'll also need to file a Personal Property return with the Maryland' Comptroller's office (and pay the $400 filing fee) in order for your LLC to stay in good standing.All that said, you will never be truly anonymous from a tenant who really wants to find you.

I will continue to use my agent as a buyers agent regardless of if I have to pay additionally.

Further,  I am paying for his internet.  

From my simple calculations, taking into account paying for attorneys, business structure/expenses, etc. not to mention the time of due diligence, and understanding legalities, it seems more lucrative (AND SAFE) to invest in a fund.

If you proceed do not pay this fee upfront. 

Also look at how much the house has increased in price-if it has increased a lot, you may want to sell it to avoid paying capital gains which will kick in if you sell it a few years down the road.

We will lend at X% and whether you make $ or not, not our problem (well it is if you do not pay us back but that is where the PG comes into play).

I’ve never done a 1031 before and every Google search along the lines of “retroactive 1031 exchange” is about reversing the sale of a house you just bought, via a 1031.I’m talking about buying a house weeks before your old rental sells, and somehow having that whole transaction fit under one 1031 exchange.Last thing I would want to do is pay pay the new property’s downpayment in cash, and then turn around and find out it doesn’t qualify for a 1031 since I bought it before selling the first house, and then also having to go buy another house with the 1031 funds, and never recoup my own cash I used on the new rental.Hope that makes sense, I will be happy to clarify if it doesn’t.

Section 8 is a tool for landlords, NOT a cure-all.Yes, a landlord can sometimes get higher rent via S8 than they can from cash paying tenant, but only in Class C- and D areas.