The tenant is having trouble with unauthorized day and overnight parking, as well as homelessness, drugs, etc.

A median single family home is $570,000A median townhome is $377,000A median condo is $312,000 (not a fan of these for investing purposes in our market, a whole other discussion)More quick stats:Homes went for asking price, on average this monthHomes sat about 20 days on marketSellers has 10 showings before going pendingThere are about 3,000 homes for sale, which is up 20% over this time last yearWhat I'm seeing is takes about 2-3 offers on average to get a property under contract (all depends on your aggression and strategy of course, location, etc)Overall, buyers have a lot more sway than the last few years.

In brief, the concept was to make lots that are City-owned available via a quit claim deed to residents or community groups within the specific neighborhood on the same block in order to stabilize communities through local investment. https://www.chicago.gov/city/en/depts/dcd/supp_info/large-lo...There were a few other historic land sale programs in addition to large lots.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

We in the BP community can help you figure out the financial choices if you choose to share your numbers but at the end of the day there's also an emotional cost to be considered with either choice and you have to decide that for yourself.You're welcome to respond here or message if you have any questions, I'm happy to help you take a look at numbers if you feel comfortable to help you break down your options of keeping vs selling so that you can make an informed decision

There are specific rules for 1031 exchanges including:The replacement property must be identified within 45 days of transferring the relinquished property.The replacement property must be received within 180 days after the transfer of the relinquished property or the due date of the taxpayer's tax return, whichever is earlier.Special rules apply for exchanges between related parties (defined in § 267(b) or 707(b)(1)).Real property located in the United States and real property located outside the United States are not considered property of like kind.Cost Segregation StudiesA Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

Hey @Shell Peterson I hope you are enjoying your Labor Day weekend!

That was a prime investing market, so your experience won't be the same today, but you can definitely improve your station in life within 5-10 years.

In fact, I admired what they did and wanted to learn how to do the same.

They must give me 30 days notice, pay rent through the day of termination, pay me one month termination fee, and allow me to market/show the home during their final 30 days.