As many people do in their younger years, we accumulated a fairly large amount of consumer debt; around $55,000 worth.

If the concept is you roll the profits from one property into another to postpone your tax bill, why the need for all these extra costly time consuming silly steps. it’s why I’ve never done a 1031.

There's a difference between consumer debt and investment debt so establishing a good record early will pay off with better rates later down the road.The last thing would be the most practical but that would be to simply wait.

Your choice, but you will eventually find your method to be cumbersome and time consuming.....

Don't let a bad business deal consume all your energy and don't let it cloud your judgement.

A new rule proposed by the Consumer Financial Protection Bureau (CFPB) seeks to prevent a wave of foreclosures as some pandemic protections for homeowners are set to expire.

The process is still manual and time consuming. 

Also, on those rare occasions I do have to evict someone, Section 8 would not cover damages or late fees, and the cost of going to court plus cleaning plus lost rent more than consumes the deposit. 

While those consumers are significantly better off than those earning less than $35,000 (in that income bracket, 77% didn’t save money in March — 40% of whom have nothing saved), it’s still mystifying.Only 22% of consumers are actively saving for emergencies.

The more it's rented the more the cleaning people make.I actually charge a little more than the cleaning costs to offset consumables.