As Rothchilds say, invest when there is blood in the street.

They look great on paper but I've heard one too many horror stories of investors having financial blood baths on these lower end properties.

We don't do a double escrow, because we don't squeeze the life blood out of deals, so I have no issue with my investor buyer knowing what our wholesale fee is.  

You might be able to do the deal even thinner if you're willing to cut your profit.  

I do believe it is "doable" and you will still make a profit, but it could be much thinner margins than you currently have.  

You can use an attorney experienced in 1031 exchanges if they are an unrelated party to you by business or blood relationship.  

I noticed in one of your earlier posts, you  mentioned using engineered hardwood, I have those in my home and I would never use it in a rental as from my experience they scratch and chip much easier as the wood is a lot thinner and you cannot refinish them when needed.

This is just the kind of location I'm hoping to find, as Summerlin itself is probably a little rich for my blood for a first rental.

I have put huge amounts of blood, sweat and tears into the rehab, as well as a ton of money.

Just make sure the subfloor is in good shape because the planks are thinner and more flexible than laminate floors.