Split by month, 1k.

I am assuming the owners know you are going to rent them out, not live in all 7 houses.If you have the ability to buy them in 12 months, and they are this good of a deal, I say rock and roll!

haha - sounds like you've been hiding under a rock some place :)Welcome aboard, brother!

If they are lower then you might help them or cause your tenants to move.You might also consider splitting off the MHP from the house and studio.

Yes, you can do what we call a "split-use" 1031 Exchange. 

Its an 1 - 1 1/2 away but apparently a lot of the rock stars feel comfortable enough to invest out of state.   

Once we started construction, we ran into several major problems including a steam pipe running through a kitchen wall that we were planning to open up, a huge leak inside a couple of walls that required the replacing of a whole exterior wall, damaged subfloors, major termite damage that resulted in a replacement of the sill plate in the master bedroom, needing to upgrade full electrical service (and split it into two separate panels) and a corroded water line that required emergency replacement all the way to the street in the middle of winter during record setting cold temps and a snow storm. 

The seller's agent usually splits their commission, 6%, with the buyer's agent.

. :-) Where I'm lacking:carpenterpainterlandscaper"handyman"sheet rock installation/repairflooring (non-hardwood... so laminate and carpet) installationconcrete workfoundation repairThanks in advance!

I am a musician and worship leader at my church, and I love all sorts of music from Big Band to R&B, Classic Rock, and 80's stuff, and of course the Rat Pack.