If there is a lot of inventory for sale in the gas station that is where you have to have a reasonable and articulate method by which you arrived at your allocation

May not crash today or tomorrow but they will.

Issues arrive when that equity is tapped in such a way that it can give the appearance of an attempt to circumvent the reinvestment requirements of the 1031 exchange (as in immediately prior to sale).

Real estate investing and fixing up homes is something we are both very interested in and hope to pick up once we arrive back in the lower 48.

I understand it's subjective but how did you arrive at a comfort level of $600k in each?

If you don't have appropriate records and meetings the entity is void and it all come crashing down. 

The end result is there is a bubble of sorts in capex working its way through many markets which is starting to come due now as we approach ten years from the major RE crash.

Hello Jon,Welcome to Phoenix. you have arrived just in time to enjoy the brutal heat.

@Brittany Thompson I will also let you know when I arrive in town and would love to hear about how you are able to offer sfh at a discount. 

We have now arrived into a position that we are looking to expand our portfolio, in both SF and multi family units, right now 4 units to duplexes.Well here I am now.