I would also love to connect with other investors in the area and hopefully get to exchange some ideas.

I still own the property, but it is on the list for a 1031 as soon as one of the tenants moves out.

I'm currently considering whether to 1031 a couple of rental SFH's I have in the DFW area over to Vegas.Having lived in an owner-occupied house here for 3 years now and looking at my Clark County bill:- The assessed value is only 25% of the current "quick and dirty" market value (Redfin, Z)- There's a line item where property tax rate appears to be 3% of the assessed value- ... however, another line item subtracts a lot from this because of the lag from owner-occupied increase cap percentage of 3% annually (if I'm understanding correctlyAlso, despite changing hands 3 years ago, it's interesting that the assessed value didn't get re-assessed to the purchase price back then.

You don't have the benefit of maximizing cost segregation, long term capital gain, 1031 exchange, refinancing / lending, passive income vs regular income, etc.  3. 

I understand the cash situation, so maybe this becomes a stacking/1031 Exchange play.

You could also refi the property with an 80% LTV, take less funds but have more stabilityGino Hey Gino,If I were to get rid of the duplex, I think I would go with a 1031 exchange but to my understanding, since I live in one apartment, I don't think I qualify for one. 

I'm always down to exchange ideas and help each other grow.

These LLCs are both owned by the same two people, so there would be no money exchanged.  

Buying in this way can weather cycles for optimal timing to exit and 1031 or refi with low debt.

A client can also close on a new property in less than 45 days so no long closing or pre construction risk. 1031 exchanges are easy to fulfill with our model.