Moreover, the government has made it very clear that it wants to attract foreign investment and a measure like that would be totally counter-productive and downright dangerous and negative for the country and it's the economy.

A 1031 exchange allows you to defer taxes by exchanging real property held for productive use in a trade or business or for investment for other real property of like kind, which is also to be held for similar purposes.

I would confirm by seeing the product then going out and checking comparables in that market that have sold. 

The only product I have seen is the MACU 10% for a non owner occupied.

Flipping is a production business.

They see a renewal of the current business tax rates, regulation and permitting rules getting slashed, tax code being simplified, and federal deficits on a one-way ticket down the elevator (which are a longterm drag on economic productivity).Just look at the growth in tax code complexity over the last 20 years.

I imagine cost of labor might be a little bit cheaper in Idaho compared to Connecticut as we ended up paying 10k for gas furnace and 5k for AC with 10 yr warranty for Lennox product.  

It an happen to anyone, but usually it is the most vulnerable victim, not physically in this case but non educated in real estate. 

At the end of the day, they're usually buying the products from the same outlets that you can!

Also, I'm not familiar with their 2-year "teaser" product.