Plus, I could only rent it out for 2 years, for the free capital gain, because its a primary.I probably profited 40k or so, from purchase date.

He puts up cameras and has an on-site meeting with local law enforcement for a “security walk through”.

Use the calculators on the site to get comfortable with the numbers.

Hi all,So, I am new to this site and am very excited to learn and hopefully grow in the real estate world.

Can I purchase the condo and at a later date, if I determine it necessary, sell the investment property I already own and 1031 exchange the proceeds into the condo I have since purchased?

The difference is that with the Triplex I don't have as high of a future value as I do the 14 plex.My 3rd a 22 unit - This has the highest return, This is my best deal to date, and I would say that is a result of my previous 2 deals in learning better planning.

If it weren't for everybody on this site, BP wouldn't exist and it is because of BP that I am making this decision to move forward.

Since you are living on site, you can keep a close eye on things and easily self manage. 

But, what does this look like 20 years from now when the houses look dated?

I am a relative newbie as well compared to many on this site, but I would glad to offer you any advice that I can to help you get started.