Build your lazer-like focus on area of the market that isn't inundated with every newbie who bought the dream from some $1497 guru.

I have knocked out a room of that size in under a day.

Just the fact that it got over 600 hits in under a day helps me feel I'm on the right track in terms of a goal that will keep me motivated.

However for most properties resold in under 90 days FHA will require 2 FHA board appraisals and/or support for value added.

Assigned the sale for $675k in under 90 days.  

Very nice on waterfront and the price is set well but it just is not that profitable with the HOA at $180 a unit when the units are bringing in under $800 a month. 

But it's not anti-flip if you want to buy it and sell it for less than $119,000 in under 90 days.

That was my main reasoning with putting money down -- I would have instant equity in the house that would keep me from getting in under water.

Use the search engine here on BP and set up some keywords for topics you want to know more about -that way you'll get links sent straight to your email (I'd suggest setting up a separate email account for BP so your "regular" one doesn't get inundated with forum links, which it easy can).

well first off to 1031 you have to be able to document you were "intending," to hold it as an investment for 12+ months (most accountants would recommend) so renting and holding would help substantiate that as a longer term investment so you "can," 1031 the property when the time comes.I am not saying its impossible under 12 months its just less likely to be backed up if you were audited.If you sell in under 12 months you'd be paying shorter term capital gains tax which is in effect your normal fed/state tax anyway if applicable.At the end of the day it depends on your "net return," or what you perceive would be the pro's and con's of holding and or selling after tax.