These areas are both known as having good initial cash flow. 

I'm sure this doesn't typically happen but the guy walked through, said everything looked good and charged us $350 to write a letter to the inspector saying he certifies the concealed work. 

In Dallas, my office has covered reserved spots (mostly empty), other offices can't charge enough for low garage reserved spots.

However, the account fees, transaction fees, asset registration, check fees (some custodians even charge for both incoming and outgoing), etc. form a good chunk of money eating away potential profit. 

Would like to know the approximate fees attorneys charge to file the Sce 22-5 Notice and then the cost to obtain order for tax deed.  

They charge in the area of 35%, which is expensive, but you're really paying for the convenience when you're not in the area to manage it.

Thanks Chris I hope so too :) Yeah I initially thought to only use the line but someone tried to convince me there is more risk involved that way.We are long time friends and have meshed well just not in business yet.

I know for my beach STRs we charge much more in the summer than the winter.

Initially I was going to live in the garden solo until a friend out of the blue asked where I was living and things just fell into place.

  ( I dont mind renting out units, I rented my home that I owned out during college to pay my tuition.)The question is, would I be better suited selling the townhome at 160,000 to pay for the new property and have cash left over for construction and renovation OR  do I take out on the townhouse, hold it and charge around $1500 a month for rent and use that income to pay off both.as far as 1031 I could do that, you mean selling and using the funds to defer all gains on taxes?