Whether you're eyeing long-term rental properties, MTR Market, or are looking to live here yourself- this area is full of potential.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

I'm originally from Tyler, so I'm familiar with the area and market, and I have some subcontractors in that region who might be able to help you and I am happy to make those intro's if still needed. 

There are a few options.1.

From my perspective, they are operating in a dangerous gray area. 

If this is a Class A property in a Class A area, you have the least chance of getting a bad tenant. 

Most homes in our area double in value every 5-10 years.

RISKSPrivate Letter Rulings There are three (3) Private Letter Rulings (“PLRs”) that address this 1031 Exchange structure, which are as follows: Private Letter Ruling Number 2014-08019Private Letter Ruling Number 2003-29021Private Letter Ruling Number 2002-51008PLRs can only be relied upon by the individual taxpayers that requested the PLRs.

This led me to researching schools in my area that provided degrees in construction.

But, this house went under contract in 3 days for $20k over ask, with multiple competing offers, in an area where the average days on the market for newly renovated flips is 100+ days!