I'm pretty new to the real estate investing game but obviously looking to gain the skill and knowledge to eventually build an empire. :)I am a clean, quiet, and respectful person and looking for the same while rooming together for these few days.I live in Vegas but originally from SoCal.

Now I am trying to decide to sell (take the long term cap gains hit) versus a 1031 exchange (never done one) or just relist it. 

when you do a 1031 exchange you are able to rid yourself of the property without paying capital gains at the time of sale.

My current issue though is that my mortgage and insurance have gone up to where it no longer seems like it would be valuable as a rental.

However, newer properties don’t always cash flow well, and you’re giving up significant equity in exchange for a home that might not provide you much financial gain immediately.

This is like $1300 gains vs $800.

I would prefer to hang it somewhere where they work with investors so I can gain experience before my first transaction.

Thank you for providing such valuable information about the local meetings.

A house that has been fully rewired is much more valuable than one that is from 1955 and has not been updated.

Example, if you wanted to be close to the vineyards that are gaining popularity, Sahuarita or Green Valley is where you want to look.