Can you show me a city in America where land is at a shortage?

If it's a fixer upper you would account for the rehab and purchase price then compare against the ARV.

I thought I was a big fish in a little pond back home.

If you need 6,000 a month that is 72,000 a year.

There is a lot to say here that would take awhile to write but a few things:  1. 

A post on recapture.People are concerned about recapture when they cost segregate their improvements and for good reason.Recapture is real, and those deferred taxes will need to be paid.But fear not!

A manager will roughly cost $100-$150 a month to take over a unit (it could be more or less in your market) and manage the units.

Few of the people who "invest" fees in a mastermind like this will ever do a deal.

@Sung Yu another modality of 1031 is a reverse 1031 exchange.  

@Landen Amann, you're referring to a 1031 exchange.