this is only a good idea if you have reason to believe that the area will be appreciating quickly, which is called speculation and akin to gambling not investing. me personally, I would rather put my money on black than bank on market appreciation. negative cash flow rentals are a time suck and money suck.

Also, to track spending habits - just had a prospect withdraw their application when we asked why they were spending half their income on gambling websites.

Quote from @Henry Clark: Quote from @Jake Andronico: Quote from @Arn Cenedella: @Jake AndronicoI’ve looked into them but have never executed one.Let me say they will be expensive and complicated.I think what you will find if one is trying to defer $50,000 to $100,000 in gain, it’s not going to be worth the time and trouble.On the other hand, if client is trying to defer gain of $500,000 to $1,000,000, it’s worth the time and trouble.I use First American Exchange for my own account a dozen times and they have been right on the money.Google them and reach out.ArnIt's definitely more expensive than a traditional 1031 exchange, but being able to secure properties upfront can be super convenient.   

So far we have never had anyone comment about the lack of or the convenience of having it. 

I think it's a gamble for someone 2000 miles away - could do well or badly.  

The proposed $38.5 billion deal would combine two major players in the U.S. convenience store market, potentially controlling 20% of the market.7-Eleven, the largest U.S. convenience store chain with 12,601 locations, currently holds 14.5% of the market.

Selling the convenience of the location first and in such detail may lead some renters to assume that there is something not so great about the house itself since the sale in on the location. 

Added convenience and always surprises the buyer when they open a closet and see the laundry units as opposed to another linen closet.

Without a solid plan, fix & flips would be huge gamble.

It was built in the 2010s and located in an established neighborhood with convenient access to schools, amenities, and major transportation routes.