As someone who’s just getting started, I’m focusing on connecting with the right people and learning how to present opportunities effectively.

This could involve offering a higher interest rate in exchange for reduced upfront costs or deferring payments until a certain milestone.If building right away isn’t feasible, consider buying the lot now with the goal of paying it off over time, and save up to build when rates and budgets align.

But actively involved in from 2016-Present. 

I know the deferment period for capital gains is almost up, but what are the pros and Cons of an OZF vs a traditional 1031?

@Jen Hoang, you're pretty much on the nose if you want to defer all tax - you must purchase at least as much as your net sale and use all of the proceeds in your purchase or purchases.

In the article it included a link to a presentation by ATMInvestors.com. 

At present, the filing requirement is back on.

Even if the property was financed with debt in the last 12 months, capital gains are tax-deferred or tax-free within the Solo 401(k).4.

@Randall King If you find the property isn't performing well, a 1031 exchange would defer the tax and concentrate that equity into something that has a greater cash flow potential, like what @Corby Goade said.

There’s a lot of new development going on in Huntsville proper, but properties in nearby suburbs like Athens, Decatur, or Meridianville are both more affordable at present and less prone to competition from new construction.$150,000 can buy you a tenant-ready 3 bed, 2 bath single-family home in a B-grade neighborhood.