I'm in the marketing field and wish I would have done construction.

I know pools are a must have amenity to compete in many markets and I have to admit that I'm a bit hesitant to enter those markets due to the potential liability risk.

I'm starting a property management company and I'm curious to know how people have marketed themselves online.

==========================My relative is asking if this is a viable way to legally avoid having to pay taxes:STEP 1: SELL PRIMARY RESIDENCE (House A)-Sell primary residence to son-in-law for cost basis + $500K-File gift tax form for difference between sale price & market value-Not pay capital gains on $500K due to personal exemption.STEP 2: SELL RENTAL PROPERTIES-Do 1031 exchange and buy House A back from son-in-law-Rent out House A for 1 year before move back in==========================Thoughts?

I haven’t completely dismissed the possibility I can get into some great markets out of state, it’s just the unknown is so great about it, I haven’t given it a ton of thought. 

I'm actively seeking mentorship from someone with experience in similar markets who can shed more light on this process.

So the risk is lower, as long as the market doesn't drop 20% and stay that low for the next 3 years. 

If that is the case, just let them take it to market to sell.You could offer to manage the property and have them to rent it out now where you pay them a flat rate every month and anything you make over that amount is yours to keep.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

However my market is currently Arizona.