Quick question- you mentioned the purchase price but not the value when it was converted to a rental- It should be the lower of the two used for depreciation purposes.

Any money I do use right away (a very small amount compared to buying a property), I get right back...with "friends". 

to wholesale or even for rental purposes

I would love some input from other investors that have invested in single family and small apartment buildings to get a feel how the two compare regarding cash flow after expenses?

My question seems dumb - should we risk to buy a 1.5-1.7M newer SF and to be bound to the mortgage forever and work our whole life to pay for it, or should we buy a SF around 1.3-1.4M which has much worse condition comparing with the above?

Why would I want to extend myself buying another 1031 exchange property when I can’t find something comparable, nor pay the hefty tax bill since we own the house for 14 years if we decide to cash out.

The purpose of the fee is not only to make sure the applicant is serious but also to pay for processing costs.

I often had distrust towards hospitals because I never knew what the amount I was going to need to pay would be after going to the hospital; and it always seemed to be hundreds or thousands of dollars more than expected.Thanks to the financial security that real estate can provide, I am in a different financial position now compared to where I was 4 years ago.

As the area improves I believe proximity to the lake for recreational purposes and proximity to the train to downtown will be a key factor for people moving into the area. 

When comparing taking the paid course and exam, to just reading up here, is the school and certification really worth it?