Instead of evicting them, i was thinking is there some way that I could rent it back to him for very cheap (mainly to cover just the taxes/ insurance) ie 2k a year rather than the going rate of 2k a month for similar properties.

Good point Jay.

Specifically to other’s points on the comments being disabled during the sales pitch… it seems to me the presentation is most likely recorded. 

I feel a loss of direction and that makes it really hard for me to focus and build.Do we keep at building a portfolio of small multi family (very abundant in my market, very rare to find anything above a triplex for sale), with plans of selling the portfolio and 1031'ing into larger properties? 

To defer all tax you must purchase in total at least as much as your net sale.

Purchase price: $220,000 Cash invested: $100 Sale price: $225,000 Wholesale: 2 build property to a Developer.

You chose to believe that it was our fault, point the finger and cancel the contract.

I definitely thought it was a scam but it was legit and easily one of my most profitable 1 night stays away from a pure revenue stand point.

The ones that build out great companies build the skills, then they teach the skills to people to set calls for them, go to appointments for them and they continue to build out their company as a marketing/sales operation that is more fluid to create more revenue. 

Value of land?