There's a zombie duplex (with an additional trashed single wide) that I'm eyeing if I can get it for a song (cause let me tell you, this place is what nightmares are made of, but I'm a glutton for punishment).

Are their specific areas where we get the most bang for our buck for going a little more highend?

Hi all,My name is Ray Southern and I'm looking to break into the world of REI.I've been a web engineer in Chicago for going on 15 years now, almost completely self-taught.It's been a great career, but I need to start looking ahead to retirement.I have no experience in real estate, except a condo I bought in 2008 as my primary residence, right before the market tanked.I'm still in the condo, did some refinancing, and plan on keeping it for good (great neighborhood), maybe renting it out if I start a family and need to move.My overall plan?

Tech9 has a song about that on youtube haha.oh another good one is beer kitchen

It is certainly possible to combine a primary residence exclusion and a 1031 exchange to completely eliminate most and defer the rest of the tax.However in your case with only 1.5 years of depreciation it might make more sense financially to simply forgo the 1031 portion and pay the depreciation recapture.  

This creates great opportunity as well as traps/siren songs.

It would be better to forgo commercial now so save interests later, but it gives me less equity in the note.My numbers are roughly 500K with 200K down.

Hopefully you'll find what your looking for going into 2019.

I would be all over it and forgo the partner idea if you have the financials.

As the old song says, The south side of Chicago is the baddest part of town.