Do you have a current need for that cash flow generated from the tax savings?

When using a 1031 exchange, the replacement property must be used for investment or business purposes, so even if it doesn’t generate income immediately, it’s important to show that you intend to rent it out.

Working with our Rockstar agent, Bill Beck, we identified an excellent lakeside investment property near Silver Dollar City and other key Branson attractions that should (eventually) generate a 50% COC return (we have a lot of learning to do - so I'm not banking on that high of a return in the first few years).

A couple of other sources that could generate flips are expired, withdrawn and canceled listings. 

Into yourself, learn a skill and use that to increase your income & generate more cash to really invest.

We use a lease generated on Avail.co for California and add in specific clauses for the rooms

What's your take on buying in a good neighborhood out of state within our budget and ensuring that we break even or generate minimal cash flow?

Hey @Raymond Pritchett - Awesome to hear that you are jumping into the Chicago wholesale game....why did you start with wholesaling and what are you using to generate leads?

If your properties under management are generating steady income for you close to or even exceeding your initial expectation, yet you scan the work orders and find more fat that can be trimmed which would yield even more profit.

Since you have access to a mentor and financing, flipping could be a good option to generate capital quickly, which you could then reinvest in rental properties.Foreclosures: Flipping a foreclosure can be profitable, but it can also come with hidden challenges like repairs that are more expensive than anticipated.