Then after the 18 months, it would all be excess profit! 

The high property taxes in Bayonne (typically in excess of 1k/month for multis) already make it very difficult to find positive cash flowing properties on the market.

After my first condo purchase/rental, my appetite for RE Investments has grown considerably.  6months ago I bought my first 3 family from a rehab/flip someone else did as a buy/hold for myself.  

The last exterior we prepped lead safe following RRP rules was in excess of 30k.

Atchison tends to be a bit further out geographically for our appetite, but we monitor it from a higher level for low cap investment indicators in case needed.   

Returns should be generated primarily from the performance of the real estate – not through excessive use of leverage – and it’s critical that investors understand this point.Often, property investors don’t realize how important it is to quantify leverage, so they end up in overleveraged investments.

I went searching for this topic in the forums but have not had much luck...When purchasing the replacement property via a 1031, is it possible to use some of the excess funds within the 1031 to perform repairs on the new property?

My goal is to show as high of income as possible to buy real estate without paying excessive taxes. 

I was making in excess of $150,000 annually without going out the door and with no reduction of principal.

There's a VORACIOUS appetite for these loans.