Quote from @Marcus Ball: After struggling with local rehab properties in California, I switched to build-to-rent developers and chose a 1031 exchange.

What @Anna Sagatelova said about Cleveland properties is also true in Akron. 90% of the housing stock in the city of Akron was built before 1970 and there are quite a number of really fine A++ older homes especially in west Akron.

@Eric Helena, There is no statutory prohibition against purchasing from a related party to complete a 1031 exchange. 

It is an investment, not unlike stocks and bonds.  

Stock picking is gambling pure and simple. 

I am looking for a RE financor/investor to lend me the amounted fix money we agree to buy the property for, and in exchange I will pay the investor a 6.3% interest by distributing monthly passive income to them in a duration of 15 years.Using the deal that I currently am seeking for now, This Fourplex is listed for $459,900. i plan to negiociate down to AT MOST $409,900 (50K less than asking price).

I currently have a majority of my savings invested in the stock market but am looking to diversify into real estate and other ventures to achieve my financial goals.

I'm also considering Halethorpe because it's a good commuter location.Some people really like supporting the city in which case , northeast Baltimore would seem to the best place to buy a single family, in my opinion given the taxes situation and given that none of those areas are walkable I’d rather just be in the county and pay Lower taxes, and it’s not like northeast Baltimore is much that much cheaper than Baltimore county, hathorpe is mixed, arbutus is nice, I hate the housing stock there, would rather be in Catonsville if I was considering western Baltimore county. 

Seeing as how in today's society the rich get richer and incomes aren't keeping up with the stock market, people in rich areas can afford richer rents.

., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.