Now simply giving someone raw leads, for example a list of vacant houses, an investor may pay up front per lead.

My good friend lives in Northern California (I am in San Diego) and his neighbor is looking to sell some raw, untouched acreage at a great price.

You buy raw materials (junky houses, building materials), put in labor, and then sell your finished product.

This process enables you to break down raw data into something very targeted.

And China also produced this doozy:http://xfinity.comcast.net/video/Raw-Chinese-Highway-Built-Around-Home/9754179893/Comcast/TopVideos/Seriously!?!

Oooh Raw, thank you for your service!

It resulted in broken sewer lines, raw sewage and fecal matter everywhere, and city code problems.

Not quite sure how you satisfy the intent of holding for investment use if the relinquished property and/or the replacement properties are never put in service for a qualified investment purpose.In addition to what Dave T just said, there is a "like kind" requirement to be met as well - so no way to go from a paperclip to real estate via 1031 exchange; but from one kind of real estate to another kind of real estate, now that is permitted in a 1031 exchange.To answer the question raised by Dave T - I believe you can have some kind of raw land that you purchase, and then later relinquish via a 1031 exchange for say a house or apartment building.

I have a full time job, plus a wife and 2 kids so there definitely has to be a balance there.Anyway, I found that about 450 raw addresses will yield about 300 absentee owner addresses (my target) My mentor recommends at least 300 addresses to mail to, as his experience is that will usually yield at least one deal.As far as their level of motivation, that's really luck as far as I can tell.

You probably value cash flow more than raw returns ( as most do ).