I did a 1031 exchange for 2 replacement properties, with sales price 170K and 200K single family homes.

I always tell investors that if you're single/young, you should definitely house hack once a year and then rent them out and keep rinse and repeating every year.

Hi Joseph, if you have 4 single-family's, I recommend you ask to see each one of their lease agreements and screening processes.

Here are the key numbers:Potential purchase price: Mid-$400k rangeAppraised value: Estimated at ~$500kRehabbed comparable properties (comps): ~$580-600kMonthly PITI (with 5% down, including mortgage insurance): ~$3400First-year PITI (with 2-1 buydown): ~$2900Monthly income (after taxes): ~4-5kLiving expenses (utilities, groceries, etc.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.

Purchase price: $28,500 Cash invested: $121,000 Sale price: $170,000 SINGLE FAMILY RESIDENTIAL fix and flip What made you interested in investing in this type of deal?

My question is if we are marketing this as land, is more value added from the 2020 mobile home or the multiple utility hook ups?

Kyle  My father-in-law did this by creating a portfolio that is primarily debt-free single-family rentals in the city he lives in.

The issue will be if you have a number of rooms and a single abuser. 

Also my LLC is a single member.

Investment Info:Single-family residence fix & flip investment. 12 Lincoln Street is a single-family home located in Sag Harbor, NY 11963.