Grace Christian is consolidating campuses and building its new school next door.

So go to the bank and and try to get a debt consolidation loan.

NO receipts to copy or review because all receipts are consolidated onto a spreadsheet by house with a description for each purchase.

We are just trying to figure out if we need to go through this process now, or if we can wait and consolidate the properties under the LLC at a later date?

Definitely sounds like it makes more sense to exit Maine and consolidate all of your properties in NH. 

Hopefully soon that will break up some of the monopoly that Consolidated holds in the NEK and Stowe Cable olds in my neck of the woods and help the super rural folks who still have dial up!

So yes, the principle works For the guys that have used 1031 to get to bigger units faster, do you feel like you've gotten greater benefits consolidating into higher unit buildings than just holding all of your earlier purchases? 

And my only responsibility-involvement is to receive a consolidated monthly wire transfer from the management company .

Hello @Philip AbbeyThere are many things to consider and it also depends a lot on what kind of personality you have (Risk taker, self motivated etc) so there is no one answer fits it all.Of course if your interest is over 8 percent on those loans i would strongly recommend you to pay them off first / consolidate the loans into one loan with lower interest rate and invest.For me personally i know that i can make more than a single digit return on my money + tax benefits so if my loans are less than that i wouldn't try to pay them off faster.

One of the major overhauls of Dodd-Frank includes to consolidation of regulatory authority between various federal and state agencies, sets up defined areas of responsibility for agencies dealing in areas of consumer protection, not just real estate financing but related financial transactions.