So all of the gain and depreciation recapture are initially still tax deferred.However, like Joe said, the down side is later when sold  you lose the 1031 option. the client will pay tax on all gain and depreciation recaptured from before the 1031 also. 

The good ones will have access to off-market deals. 

Beyond that, real estate is largely local; in my market we are not seeing anywhere near those numbers.

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

By the time I launched, I had already established a solid reputation in the Cincinnati market.

In our market (New Orleans) cemetery tours are very popular. 

Good market or not so much thx 

The strategy may change, but every market can work.

If so, how did you approach it initially?

I chose to invest in 1272 Lakins Rd, Etna, due to its potential in a growing market.