.- The syndication sells later for $5M, and my share grows to $200K.- I want to 1031 exchange again.Question:Does my next deal have to be larger than $5M (the overall deal size) or just larger than my share of the equity in that deal - meaning, if 200k was 20% ownership then it has to be more than $1M (20% of sales price)?

Best of luck on your journey, and remember, delayed gratification is your best friend in this business!

Remember that it takes more cash than you think to buy a place, too.

Palm Coast, while not as flashy as Miami, is indeed growing rapidly, with increasing interest from higher-income professionals and retirees.

This is verified based on the good schools, department stores opening up (Costco, Target etc.) as well as verified investment from Jerry Jones (Dallas Cowboys owner) and the city to grow the population.

It's a far better starting point for a new investor slowly growing a portfolio.You can learn more about that here on a Bigger Pocket Podcasts and here, and here is an article on it too. 

And remember, this is Pre-Covid dollars too!

I like to think I have done ok. for me finding properties is sales - managing real estate and growing your company requires problem solving. 

By any chance did you grow up in/around South Memphis? 

It's going to offer Strong economic growth, Appreciation (especially in DFW), Tax advantages (no state income tax), and a Growing population, including infrastructure and amenities.