Maybe any wholesalers, investors, fix&flippers, landlords willing to share any experience.I am a fast learner and willing to provide my business, trade for trade, to learn how to acquire my first property whether that would be a small 4-8 unit building or start big with a 20-unit building. 

What was the outcome?

totally renovating What was the outcome?

What was the outcome?

Quote from @Lorenzo Lopez: In terms of buying my first deal, I haven't been able to move the needle because, where I am, for example, small multifamily is trading at around 5.5% caps and rates are 6.5% .

What was the outcome? Fully

@Christina Galdieri  A 1031 exchange is specifically designed for real property held for productive use in a trade or business or for investment.

Moved kitchen and removed walls What was the outcome?

total gut renovation What was the outcome?

Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another.