However, using a 1031 exchange allows you to defer both capital gains and Normal depreciation recapture in RE asset taxes by reinvesting in like-kind property.For the assets that were segregated as non-real estate, you cannot do a 1031 exchange on Non-RE assets.

I have 8 years under my belt with re investing and 10 doors to show for it, all in california!

That sets the tone for learning about the future.All the advice here (and there are great insights) will not substitute going out and getting a deal.if you are serious about a future in RE, you will learn from your mistakes in your first deal and you will use those mistakes to help you in your second deal and so forth.Most importantly you will if you enjoy the journey of RE investing.

Hello,I am a rookie investor looking for guidance.  For a turnkey property what is a reasonable cash on cash return expectation for a property located in an "A" neighborhood?  And "B" neighborhood? Thank you.

Property is not advertised on FB marketplace and shared to local RE groupsStill doesn't rent?

Sure thing Abel, it's definitely good to keep your mind open with all the various RE strategies out there.

The last house I bought, was brought to me off-market by my agent, and it's seeming that off-market is the only way to get good properties without the MLS prices.I've recently got a nice business card printed up, and would like to start a direct mailer campaign, using BatchLeads to find multifamily properties in the local towns that I wish to invest in.I have a pretty strict criteria about what I'm looking to purchase at this time:-Legal 2-or-more unit large Multifamily (not required to be owner occupied)-Each unit should be at least 3 bedrooms (so if it's a duplex, it needs to be 6+ bedrooms)-Sewer (not septic)-Gas (not oil)A lot of this information is not readily available online, so once I start my mailers, I'm sure I'm going to find people who eventually respond, but that don't have criteria which match what I'm looking for.I feel like it would be a waste if I paid a bunch of money for direct mailers, and then someone reaches out to me to sell, but their house doesn't match the criteria of what I'm looking for -- I don't know anything about wholesaling.What can I do to monetize these leads, or is the answer is that I need to learnOne way to monetize this would be to get your RE license. 

Every city is different, PLEASE get yourself to a RE meeting, and do NOT try and do all this from books and sitting online, it will not end well. 

You can do some sourcing yourself through Facebook groups, and online RE communities , and even pick up the phone and cold call some homeowners that may be tired landlords, don't owe anything, and have built up some equity.With enough volume, you should come across some solid deals.  

Some of the areas include: general RE knowledge, cold calling, lead generation, acquisition manager, transaction coordinator, etc.Would anyone be interested in taking a peek at the courses as well?