I will send photos soon.again - your insights means the world to me at this point, as your local knowledge is unbelievable...

Secondly, I wanted to share an insight I had this morning while running and thinking about real estate success.A friend of mine told me he would be running the 10k (about 6 miles) Turkey Trot and invited me to run it with him.  

@Christopher J Lemmon Thanks so much for the insight Chris!

On the other hand, maybe we locate it first and then 1031 exchange the older properties, increasing our new cash flow even more if we don't have to pay capital gains, affording us a larger property.

i'm in the process of exchanging out of an existing property, and into a large multi-family value-add syndication through a TIC structure. the syndication team is looking to refi their acquisition loan approximately 2 years after the acquisition to return investor capital. the business strategy calls for a sale in year 5. any one out there able to opine as to whether the cash-out refi would fall under the 'step transaction doctrine,' and thus be a taxable transaction for me?

As @Stan Hill mentioned, always have them sign a lien waiver in exchange for a check. 

Thanks in advance for any insight.

I created a few resources that out of state buyers might find useful in gaining insight into the Indianapolis market1) Neighborhoods and their classification on a map ( A, B, C, D = using input from the forums)zip code boundariesstarbucks, whole foods, hospitals, etchttps://goo.gl/cvDi8T2) Virtual driving from Fountain Square to Lucas oil stadiumhttp://youtu.be/8AU6iCamTwc?

not been missing something, it does make me wonder if there simply is no better overall approach than holding RE assets in my name to get better lending terms, and loading up on umbrella insurance.The prospect of getting loan terms that don’t come close to what I can get as an individual in exchange for getting to own through an LLC just doesn’t seem to be worth it.

Neither of the owners are interested in purchasing another house via a 1031 exchange so that isn’t an option.