@Tyler Resnick Thank you for this insight!

@ Lucas Machado , Thanks for the response and the excellent insight! 

No offices in sight.

All good insights.  

Will you exchange into a similar asset or just pay the piper?

Virginia townhouse is doing fine from a cash flow standpoint, but we are seriously considering exchanging it for a multi family property in our home state of NC. 

2 hours of absolutely brilliant, insightful and valuable conversation between Josh, Brandon and Tim.

I figured it's probably pretty boring and basic stuff but I just want to make sure I'm armed with as much information as possible going into my first deal so I really appreciate your help and insight! 

seems like it is pretty clear I should just be less aggressive, I appreciate everyone's insight!   

However, he was responsible for showing apartments, handling all repair issues, seeing that rents were paid on time, keeping the outside areas and hallways clean, etc..Because he was always "on call" 24/7 (and my mom was expected to help out with the cleaning) he was given the basement apartment to live in rent free in exchange for a small salary (which is why he managed three buildings; one would not generate enough income for the family).Perhaps your applicant doesn't want to live in one of the properties he manages.Gail