Rather than just grinding for the next deal, I’ve put more focus on surrounding myself with the right people—those who challenge me, push me to think bigger, and share similar values.

I think I have a solution in mind but since this would be my first deal I may be missing something important.

If you think ahead, you can minimize recapture with the right tax planning.So what is recapture?

A lot of folks think this means that any 1031 exchange with a related party is forbidden. 

Based on my analysis, the ARV looks to be in the $720-740K range, and after running the numbers, I anticipate a profit of about $40K including all the junk fees and agent fees.A couple of things I’d love your input on:Do you think it’s worth getting another quote from a different GC?

I mention this because there aren't as many multi family homes on the market in PHX as you'd think. 

There is a property that hit the market today that I can think of that meets all of your criteria, 6 beds, 4 baths, garage for each unit, side by side, yard, B class area, close to highways, and it's 15 minutes from Boston Heights, but alas, the listing price is well above your budget. 

Are you thinking of buying residential or multifamily?

I think the 0% origination will be challenge.

Good to know as I have a property coming on the market and we had one off market offer already all cash but at 10% list price discount (which we most likely will reject).Curious if you think the california fires will assist the market since many of those people need places to live for years and I am guessing some will flee california?