Now tenant gets a bounced check fee per lease +$75+ Late fee till Aug 8th.Am I doing the math correct.

If it's investment property, I'd call some of the national comm guys like CBRE, M&M, JLL - They're always looking for juniors.You'd learn a lot more math than at a resi broker I'd think.I'm not saying resi brokers are bad, if you make it as a resi broker you're working 24/7 and very good. 

It's never low-balling when you do your homework and make an informed decision on price that works for you. 

Mu HELOC is my cash reserve for CAPEX.Here's are 3  math problems for you:1 -Let's say you have $170k in equity, and you sold the property and collected your $170k in a lump sum (minus closing costs, etc...). 

You can then do the math and pick the one that is correct for you and your goals.

It has been suggested to go that route as well but never had the maths been explained.

Run you numbers, stick to your math and when you find an area that works for you from a lifestyle and cashflow perspective dig in deep so you understand what you’re getting into.

Do your homework on rehab numbers.  

I know you need a special license for parts of mobile home work but to the best of my understanding, most of the parts that require the license are completed once the home is placed, is that correct?

For example: For easy math let’s say I get $1mil for my first home and I 1031 exchange the proceeds to purchase 2 replacement properties each for $500k.