You have 10 new construction projects complete, but no money for the next three, which indicates you aren't financially responsible or your projects aren't producing enough of a profit to propel you forward.

Quick overview of our firm is three components.

You should check with your 1031 provider quickly.

We get angry responses all the time because NO ONE READS anymore.

If they are professional, they can explain this quickly and easily.

Also I feel that previous owner realtor inspector and HoA the ones should held responsible for this.

That is awesome, that must be exciting for sure - I hope the sell goes quickly and smoothly for you!

I appreciate your advice and thoughtful response!

You can quickly see why looking at this graph - https://www.visualcapitalist.com/buying-vs-renting-house-in-...You can see how in 2015 the average mortgage was cheaper than the average rent, so it was easier to make the math work with light value add and just buying single family homes.

@Cameron Porter half off of a $30-40K price may not be enough to make a purchase work.We've seen clients quickly get upside down with Land Bank purchases:(So, proceed with caution and hire a great inspector and contractor to go thru the property before you agree to buy it.