fbclid=IwAR1sYaXRUg5PWUA_iJtGvsbHTn3okFRcaSpPUjB2DWoNsRsTQcJpZ5N9WPYI am not here to comment on whether people should have seen this coming or crypto is bad.

You are basically telling them they are running it perfectly and there’s no room for you to improve operations. 

Its centrally located to the other units, and it would be the perfect size for an laundry area.  

Currently I only hold stock, options, and crypto as I am just starting out in my real estate journey

As long as your credit score is decent and there's no bankruptcies or defaults or felonies in your b.g. then Hard Money is perfect for you to help you scale, especially if you want to buy low, rehab it, and then refi out at a much higher value.That would require a bridge loan with rehab and then refi into a DSCR 30 year loan. 

His pivot towards new construction might seem surprising at first, but it aligns perfectly with his principles.

Fix n flips and new construction where your intent is primarily to resell do not qualify for 1031 treatment.There is no statutory holding period although most folks feel that anything more than a year is perfectly fine. 

When advising clients in similar situations, I've emphasized the importance of not striving for perfection but rather advancing through each stage of the journey.

We use a Sherwin-Williams color on everything these days (Shoji White) and I can get them to mix up a can for touch up 5 years later and it blends perfectly. 

Far from a perfect science but the more data the better!