The flexibility of the 1031 to go small to large, few to many to few, geography to geography and sector to sector give you the ultimate power to shape your portfolio to get the performance you want in the place and sector you want and never pay a penny in tax on the gain from the movement of those properties.

We've been noticing alot of movement and nice rentals/ flips in the Devington area. 

Remember big complexes always have available units so their ads stay up perpetually.

Also it might not be a bad idea to get qualified with Movement Mortgage.

I don't see much movement, but you probably want to put vertical braces on that wall and maybe epoxy the crack.

Net impact: the author loses out on all profit for this year and still has to take $75k out of the CD cash reserves, meaning lower returns in perpetuity.

(Now granted, most of the time this little rule gets ignored...)If you want a PERPETUAL organization which can exist with or without any individual, get a real corporation.

(You can search BP for the related posts for more insight.)Basically, I presented my seller 3 different options yesterday: 1) short the second (Nick inspired) and I'll buy on a wrap; 2) modify the second to add a movement clause (uncommon outside of commercial--aka floating mortgage), have the seller to transfer that second lien to another property, and I'll buy the target property on a wrap; and 3) Jason's "'They Pay You' Subject To".Another way to do this--that I didn't suggest to the seller--is: offer to take over the payments and retail it with a lease-option to a buyer with a few dings--but no evictions, foreclosures, or bankruptcies--on his/her credit.

The math works.PLUS, apartment renters in this strata in Houston, (can't speak for other TX cities) IN GENERAL would rather spend their money NOT on a SFR, but on a NEW CAR, CLOTHES, etc. to keep up with Jones', when in fact they are entrenching themselves to become perpetual renters.

I currently have two homes priced $10K below their value and we're still not seeing any movement.