And some mistakes were made by tradesmen but looking back I didn't ask the correct questions or have the knowledge to make certain they wouldn't make mistakes (such as knocking down a vented chimney - that happened once and although it was on the roofer I now know I must make certain the roofers know the venting situation prior).I'll close with this - when I worked in film and was a lowly production assistant a higher-up said "You know what I like about you?

What’s the proper terminology for each product?

So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likely they'll be inflicting significant financial damage to their portfolio… it’s probably best to opt out and pay the tax.1031s aren't structured in a way that makes someone "overpay" - it mainly comes down to poor planning which puts them in that situationNever let the tax tail wag the dog!

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.

That doesn't take into account the final quality of the finished product.

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.

@Beth Crosby this isnt an issue for a DSCR cash out product vesting under your current LLC but leasing the unit to a company you own rent the property will be an issue with most lenders.

I also have a wholesaling business (I wholesale a product - not related to real estate wholesaling) and was doing that prior to getting into real estate.

I am very aware of other products within the MS ecosystem, particularly the Power Platform, that are making some very unique and innovative AI bets. 

If mom and pop did poor marketing and you bring in professional-grade internet SEO and other methods you could theoretically double your revenue in one year without any additional cap-x.