In fact I'd guess you could probably structure a discount into your agreement just because of the logistics (no roofs, no foundations, no yards). 1031 isn't a terrible idea but you've got a few hurdles outside of costs - you're going to have to have some possible properties already identified as your window is small, you'll still have to manage the property unless you go through a PM, you'll lock up more/most of your principal since you're going 'bigger'.

I understand there are many different hurdles with both zoning and logistics.

Memphis has a diverse economy with strong sectors in transportation, logistics, healthcare, and education.

The steps to flipping is fairly straightforward, executing and the logistics is where a lot of people fail. 

IMO your safety from an investor standpoint comes with building a large portfolio.If you can keep it "under the same roof" even better.Less people to speak with and less drama with logistics and correspondence.The bigger the portfolio, the safer and the better ROI will be long term.Our most unsatisfied investors are the one's that own 1-2 properties and get pissed off with me and my company if they go vacant.Unfortunately, turnkey providers aren't magicians or God and can't wave a magic wand and turn 2 properties into 10 over night lolFolks that own 7-8 or 10+ properties with us aren't bothered if 1 or 2 are vacant, as the others are still performing and cover any losses on those that aren't.Thanks and much success

What I don't understand are the logistics of loaning the money.

It’s a logistical nightmare and a financial hit that no one wants to face.Moving ForwardDespite the mess, I’m determined to rebuild.

Hi Dee, This is just adding more logistics to evicting tenants.

Conduct thorough background checks and reference interviews to ensure competence and integrity.Analyzing ProcessesEvaluate the efficiency and effectiveness of operational processes, including production and logistics.

Memphis has a diversified economy supported by major sectors such as logistics, transportation, healthcare, and education.