Matthew,Yes, you would want to use those funds and do a 1031 exchange to avoid paying taxes on the cash or (boot) from the sale of the home. 

Your monthly mortgage will be about 2,000, which won't pay the bills as a long term rental.

It was 30% more than I initially estimated. 

If our agent pays him via checks and bills us at closing, does this have any +ve or -ve impact on the taxes? 

And we pay them direct from rehab draws on my loans.6.

Hi All,
Our complex in San Diego had some concrete work done that caused us to have to relocate tenants for 2-3 days. We gave them the option to either provide them with the nightly rate per diem of the rental for th...

Cash-flow for us pays all the bills and funds our lifestyle.  

The difference is that on the 2k house you can pay for that HVAC relatively quickly, where as the 800 house it takes many months to offset the costs.The same can be said for other costs such as property management. 

When we were the lender we would foreclose on the property or have the HOA buyer pay us off.

Not sure if it is worth it to just pay them out or proceed with evictions.