He bought the property pre COVID, so his cash flow is definitely going to be different than what mine will be.The question I'm wondering if its a good idea and if the numbers make sense.Purchase Price: $100,000Down payment: $20,000 (20%)Current cashflow: $900Property manager: $90 (10%)His expense for 12 months was only $1,430 (inspections, repairs, management, eviction services). 

You could charge access fees or offer day passes for off-road adventures.Lease for Cell Towers: If the location is right, telecommunications companies might be interested in leasing a small portion of your land to install a cell tower.Event Space: If you can make it picturesque or add basic amenities, the land could be rented out for events such as weddings, retreats, or festivals.

Since 1031 is tax deferral, I assume the gain is calculated with the likely substantially lower basis from the pre 1031 property acquisition + additional cost over the years.And yes, recapture all depreciation ( on both prop before and after 1031) make sense.

New construction is a fraction of what it was pre-covid even. 

Marina, I should also mention that you can meet our staff at the MidAtlantic Summit and as a fund investor you'll be invited to tour our office at our pre-Summit open house event.

If you think you're just going to go in and fix some drywall and resell a house in 60 days in neighborhoods that were battered by the storm for an ARV based on pre-storm sales, you are in for a rude awakening.

My recommendation is to get a side gig or second job, and start putting pre-paying the mortgage by rounding up then re-casting every 18-30 months with some more size.

I received a bachelors degree from Mercyhurst University and have wrestled from pre-school all the way through college. 

With the stock market literally about to do a huge correction pre election I think there will be quite a bit of money to be made on shorts.

@Roberto Kattan- 1) locate a realtor for the  Roch rea thats   familair with  invesment props  ...they can  help immensely    2)  if you will need  to use  financing - make sure ou are  fully pre approved