Even though I primarily invest in Midwest real estate, the same principle applies: vet properties carefully, plan cash flow conservatively, and build systems to manage efficiently.

Quote from @Rereloluwa Fatunmbi: Quote from @Benjamin Louie: @Rereloluwa Fatunmbi Purchase Price: $195,000Units: 1/1, 1/1, 2/1, StudioStabilized Rent: $3,165/moEstimated Monthly Expenses:Mortgage (DSCR, ~80% LTV, 5.5%, 30 yrs): ~$1,100Property Taxes: ~$200 (check exact amount, NE Ohio usually lower)Insurance: ~$100Utilities (wrap for single meter): ~$200–$250 (budgeting high)Maintenance / CapEx Reserve: ~$250Vacancy (5%): ~$160Total Monthly Expenses: ~$2,010–$2,060Projected Cash Flow:Stabilized Rent $3,165 – Expenses $2,060 ≈ $1,105/moNotes:Utilities can be lower or higher depending on efficiency and tenant behavior.Maintenance includes minor repairs and small updates; major items (roof, HVAC, plumbing) would be separate capex.Vacancy may fluctuate; 5% is a conservative estimate for this area.If you wrap utilities into rent, you might lose a bit on the 2/1 and studio, but it keeps things simple.Takeaways:Even with conservative budgeting, the deal looks solid for cash flow.DSCR loan works here since your actual income isn’t needed for qualification, but check prepayment penalties if you plan to refinance.Consider documenting all systems and unit conditions for future resale or refinance.

from a tax perspective, it's more tax efficient to put the notes into a Roth or Ira.

What I do bring to the table right now is the ability to complete or manage full remodels efficiently.

A local real-estate CPA can guide taxes and depreciation so you stay efficient.

If you add mentorship and a solid REIA network, you’ll position yourself not just to grow wealth but to do it in a highly tax-efficient way.This post does not create a CPA-Client relationship.

This can help streamline management and boost operational efficiency.• Shift Into Growth Markets: Use the exchange as a chance to relocate your equity into markets with better long-term appreciation or population growth trends.When evaluating 1031 options, weigh factors like overall return, risk tolerance, management preferences, and long-term goals.

The way you’ve got Rentec set up sounds really smooth, and the fact you can handle 37 doors while still traveling a lot says a lot about how efficient your system is.

I work with a lending company that helps investors structure deals efficiently, so feel free to connect if you want to explore alternative strategies for closing similar deals in the future

A shout-out to my rep, Tommy Brown, who did a phenomenal job coordinating my project, providing the needed resources each step of the way for success in an efficient manner!