Also, if you can shed light on the options of not 1031'ing at all?

Can anyone shed some light on the pros and cons of purchasing in such an area?

Hey guys so ive never purchased anything from an auction but i was wondering if anyone can shed some light as to the Do's and Dont's of auction buying and the different payment methods that can be used when buying.

Here is an article that might shed some light on the process.https://www.americanbar.org/publications/gp_solo/2016/march-april/foreclosures_when_missing_loan_note_yes_no_or_maybe.html

My advice is you need to shed more debt before you take on more debt.

Also Allegheny Ave, every deal is this pocket should be looked at on a deal by deal basis and not comparing one Port deal to another because there are many factors that go into it.I hoped this shed some light on the issue, I'd love to connect and answer any more questions you have.Dan Powers - Real Estate Agent

It will shed some light on your question.

If you want more info before posting, keep reading.It is a duplex in 70118 (Leonidas), and has a converted shed in the back with a kitchen and bath.

Has anyone come across this decision and can shed light on the matter?

He was to Demo house along with a shed that he never demoed, level the house, install dirt because the house was collecting water underneath, install all new mechanical and electrical lines, install new sub floor, frame entire house, etc...