And when that someone else says the house, they will pay capital gains and depreciation recapture on the sale.

Actually, it is possible do structure a 1031 Exchange on the sale of one or more relinquished properties and then using the proceeds through the 1031 Exchange to construct improvements on real property you already own.

Purchase price: $70,000 Cash invested: $60,000 Sale price: $70,000 Have under contract for $70K and will rehab.

You really have to learn the neighborhoods or work with a sales agent who does.

I'm also seeing lots of homes for sale that were used as Airbnbs, so I'm wondering if that along with these numbers may indicate it's an overly saturated market, and if these are signs that maybe I should keep searching for a stronger market, or just a property that cash flows given the average annual revenue?

If not, what are property tax sales? 

I think the numbers work better for a refinance than for a sale. 

So, winters are the traditional slow times for sales & rentals.

Additionally, collecting the tenant’s portion of the rent (not covered by Section 8) can be difficult.3.

Living in one unit and renting out the others could offset a significant portion of your mortgage, giving you extra breathing room as the sole income earner.