To avoid most of the issue, financing should be at least 8 to 10 years for them to survive, if everyone is chaing 15% IRR with 5 year baloon, it's highly risky because then the operator would be forced to sell their investment too quick without adding value to investor.- Valuation, the valuation is all over the place man, an apple that's worthed $1K in 2021 now is only valued $200, there's something really wrong in the valuation of these industry, specially when they're leveraged.I've seen the last part when banks is doing LBO as well, they are like valuing company 10x from their own cash flow and use investor money to create "non sense" value, or just for the sake of heavy commision.

Now that I am retired, I am eager to: 1) Gain hands-on experience in flipping homes in Florida, 2) Find properties with potential for value-add/forced appreciation, 3) Partner with experienced home flippers for collaborative projects.

An investment of just $450,000 for the land and the 1200 square-foot house now has the possibility of creating two or three more units of housing cash flow as a rental and force equity of two or three times the initial value.

For me, if a property has at least 15% forced equity and is cash flow neutral or better, I'm going to keep it. 

If you violate any of these rules you could blow up your IRA or 401k and the IRS could force you to distribute all of the assets in the IRA or 401k.

In my experience, when investors force themselves into deals just to complete a 1031, they often regret it.Unfortunately, since you're outside the identification period, your only options are to either close on the identified property or terminate the 1031 and pay the taxes. 

I have had a lot worse and never been forced to replace it to get insurance.  

If you were forced to sell this property a year from now 100% renovated is the most likely buyer another investor?

You can force appreciation by improving the property, but you are counting on market appreciation which you have no control over.

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.