Once it is stabilized you an can restructure the debt.With respect to Midwest or Florida, I think it would be wise to assess the risk level of both and then adjust the rate of return based upon the risk/reward. 

.- Validates identity, you can match name to the photo ID they provided.

@Shawn Ackerman:Purchase price must be equal to or greater than the sale property being sold.All profits must be reinvested into the new property to defer capital gains taxes.Profit will be determined on an adjusted-cost basis after taking into account the depreciation that has been already claimed.BONUS (and most important): Get yourself a great Qualified Intermediary (QI).

Because each vacant property could have differences that are difficult to adjust for, I view vacant sale comps as a secondary check on the value derived from the method I first described.

We intend to pay off the remaining amount of the loan prior to the adjustment period.

If you are disiplined and take it serious from screening to repairs, etc. then you will find it very manageable... and I would say very fun and rewarding.You need to allow for the first year so that you can learn and adjust to being the best landlord...

I believe I originally got it from BP's files but have slightly adjusted it as needed.In general, keep everything (expenses, vacancy, repairs, etc) as percentages.

Details: C-class property in a C-class neighborhood in SE Virginia 3/1 SFR: $37K to acquire and $30K for rehab (redoing just about everything). 75K-85K ARV $750 a month rent, 12% vacancy (property manager tells me 8% is more likely but I want to be conservative), 10% property management, 7.5% repairs, 5% cap-ex, all utilities paid by tenant, property tax adjusted to an ARV of 90K. 

Indiana has apparently adjusted (likely based on your sales price) for 2019 and at the end of the year, you'll owe that higher amount.Four questions you should ask the settlement company (not necessarily your agent):1.

The February decline in jobs was the first in the sector since 2012.Other sectors losing jobs include transportation, warehousing and utilities, down 3.2% in the 12-month period, and financial activities, down 1.5%.The best job growth in the past year has come from the professional and business services sector, up 2,700, or 2.5%.Jacksonville's job growth lagged behind Florida's statewide growth rate of 2.4% from March 2018 through March 2019.Florida's statewide unemployment rate was unchanged in March at a seasonally-adjusted 3.5%.The Department of Economic Opportunity does not provide seasonally-adjusted data for local unemployment rates.Duval County's jobless rate, without adjustment, fell by 0.2 percentage points to 3.3% in March.St.