In March of 2010 I bought my first foreclosure.  

@Raymond B. and @Judy Yablonski happy to connect with you.

Also keep in mind most people that are boasting their rate of returns don't seem to be saying if the properties are Class A, B, C, or D.One of the things that I do is look at my portfolio as a whole, I have brand new construction in Class A areas, in addition to Class B, and Class C properties.

Before selling the SFR, can I buy a 4-plex in a different LLC (call it "LLC B"), and once the SFR sells and the 1031 clock starts ticking, have LLC A buy the 4-plex from LLC B to complete the exchange?

Well, technically, i'm living in Pearland now, but i have owned a few houses around Houston. I'm a full time IT guy that has purchased, rented, and sold a handful of properties on my own over the last decade. I've mad...

Is it that bank A got a loan from bank B and used the property as collateral and now bank B is foreclosing on bank A?

It's not really that complicated: Whole House: ADownstairs: BUpstairs: CA has B&C calendars syncedB has A calendar synced (not C)C has A calendar synced (not B)When a reservation is made on A it blocks the dates on both B and CWhen a reservation is made on B it blocks the dates on A which in turn block them on CWhen a reservation is made on C it blocks the dates on A which in turn block them on CIf you sync B's calendar to C and vice versa, a reservation on B would block C which is not what you'd want

Hey @Stanci March, I'm planning getting started very soon and will add you to my buyers list.

You'll take a tax hit when you do that, but it's like pulling off the band-aid.

In March, after 90+ open houses, I closed on a duplex in the Inner Sunset -- I figured why not get both the house to live in and an investment property in one shot!