I have a feeling Florida will catch up soon after these last storms. 

I do have a silent investor, but when it comes to securing funding, it often feels like I’m navigating it alone.

Reality is owners do NOT value/track their own time, but handymen and contractors start charging the moment they leave their home or office.

If you are willing to do some value-add, pulling off a BRRRR is still very possible, but be patient for the right deal. 

The total value (purchase price + improvements) must meet or exceed the relinquished property’s value to defer all taxes.

Feel free to message me if you want to chat about it

A 1031 exchange allows you to defer not only the capital gains tax but also the depreciation recapture tax, which can be at a higher rate.If you have any further questions or need assistance with your 1031 exchange, feel free to reach out!

I am not sure what the means for insurance payouts, replacement value and property value are VERY different - does anyone know?

I would probably take the risk at $500, but $1k feels more of a ripoff like most guru programs. don't waste your time if they don't meet your criteria there is ZERO chance they will meet this guys.. remember they make their money with you folks dreaming of making money and paying for the dream.. 

Tell us how you really feel about subject to financing LOL.