What was the outcome?

What was the outcome?

If you can invest in a location where you have friends or family who can be your eyes and ears on the ground you are more likely to have a positive outcome.

What was the outcome?

What was the outcome?

Hey @Dave Foster, as someone who plans on selling on a 1031 exchange in the next 12 months, I have a question:  in the scenario for the buyer you outlined above, it doesn't seem particularly beneficial to the seller, because if they keep the note outside the exchange they're paying taxes on a boot that they wouldn't have if they got a different buyer who could meet their price, or they're having to replace with outside cash the note inside the exchange.If I were the seller (and like I said, I will be in the next 12 months) I wouldn't like either of those outcomes. 

If you start with class D the most likely outcome is that you will learn a lot in a short time and then either trade into better neighborhoods or just get out of REI all together.

The solution I outlined above is a cheaper, faster and more likely to result in achieving the outcome sought by OP. 

What was the outcome?

What was the outcome?