This group of 10 individuals has, through direct investment with us, and referrals accounted for over $65 million in invested cash in our syndications.  

You're not taking that into account in your calculation.You cannot do a 1031 with your syndication investment.

The listing parties all seem to have 2024 accounts.     

It will probably quadruple in value at less than 5% annual appreciation.

You can create an account and look around for free so you can see if it will work for you. 

@Reeves BennettWe do many Flips/BRRRRs annually and fund with Hard Money and Private Money. 

It's a good way to marry rehabbing distressed real estate equity capture with long term note income for retirement accounts for those that are interested.

In addition to that, though, there's several other LTR markets that offer pretty decent returns (6-8% ROI with $250+ cash flow per door is possible) for what you typically see in Florida, without accounting for appreciation

Quote from @Account Closed: I would say.. can you save the tub and re-glaze and redo the tile on the wall can save you $1,000 or more just on materials and labor..

In most states all you need is a separate account in a bank in that state.