No decision so far.Personally, I think the real logic of the FCAs review is to force investors into REITs if the investors really want liquidity.

Quote from @Kent Ford: Quote from @Jay Hinrichs: the reasons you post.tax's  somewhat limited development regulations compared to other markets. work force   also close to Mexico and all the folks streaming in that need housing.building cost still lower than most of the country.Land forever .. no shortage sprawl is not a bad word.Political out look  conservative business friendly compared to West coast. 

I personally know other landlords who have been forced to pull their gun out and brandish it to stop the commission of a crime.

Your transition from e-commerce to real estate investment with a focus on addressing the housing shortage is both impactful and timely.

I genuinely asked why you think not being born in the market you invest in would have any impact on success.THIRD: I didn’t realize your advice not to pursue it was because of his age.

This could significantly impact you if the Traditional IRA balance is large.

Here's some hopefully, helpful cut & paste info:------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Will I still be able to use the $250,000 per spouse exemption on the appreciation, and how will this impact my 1031 exchange?

The disappearance of the middle class is forcing many to have to rent.  

One thing that became apparent was the strategy of the all the buyers, force appreciation by finding assets with upside, which my property had plenty.