The buyer ended up buying and reconverting to a single family, and doubled his purchase price.Yeah, that's actually a really good and in-the-now viable strategy. 

Quote from @Michael Overall: Good day, If an investor has 10 rentals and wanted to over time sell them and put the money tax free from a 1031 toward a large purchase is there a process to do that? 

I want to purchase my second property within 4-6 months of moving into my multifamily house hack, but looking for a guidance on the strategy to do so.

Purchase price: $245,000 Cash invested: $80,000 I served as the buyer's agent acquiring this property.

I can help with the refinance to pull equity out, but no the purchase, as 99% of the industry won't finance mobile homes. 

Hello, anybody looking to purchase any investment properties for All cash in Polk county, FL and/or Pinellas county, FL?

Are they going to be able to buy your proudly done flip.3) If you misjudge the market, do you know when to dump it.4) Can you put a spreadsheet together on your purchase costs, carrying costs, rehab costs, closing costs, selling costs, tax costs, contractors that don't show and delay your project etc. etc. etc.5) Is the return worth the risk.

This allows you to purchase a place at 5% down and renovate as you need to.

The rule of thumb for me used to be that the property needs to be able to do 20% of the purchase price in gross rental income.

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.