@Ken Chen under $50k => either Class C or D properties, neither of which we recommend be DIY managed remotely.Pontiac & the City of Detroit have properties that will meet these requirements, but are you ready for the corresponding challenges of dealing with low-income tenants?

The reasoning is very simple. 100% of all townhomes can be financed with FHA/VA financing.

Both of which treated us and our guests as promised, and in-keeping with the same policies we held with Evolve. 8)Both VRBO and Airbnb have always held quality of experience and safety FIRST, however Evolve "pimpish" practices are simple out for the quick and easy buck despite putting owners, their properties and, respectful guests at risk.9) With Evolve all you get is shoddy, wide net marketing without any vetting.

Fix&flip model of REI is not simple as it is in paper by numbers especially if you are getting into the space.

Very quick and simple read that boils down the importance of investing in cash flowing assets such as real estate.

Your mentor has needs; try to meet them and develop a mutually beneficial relationship.A mentor can benefit your growth, but it's not as simple as one post on a forum full of strangers.

But it's an option that's out there.Just remember, the most critical thing is that you can't DIY your 1031. 

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

People like to make things harder for themselves because they think some mysterious pixie dust will give them protection from Bigfoot and cannot answer the simple question“Why are you so concerned you need a LLC to own property over insurance”

If the house is really clean a flip investor may look at the deal as a simple upgrade/update rehab, which might work within their numbers at $90K-$95K.