Hi @Wlliam Lees , thanks for taking time reading my long post and I agree with you on realtor effect, never thought of that, absoluetly right..

@Melissa Lee idk how I would feel about having a negative cash flow asset.

@Randy Lee , interesting to find out that the same zoning stuff is happening in other parts of the county.

Lee Common here I'm in San Antonio.

You will also be subject to any Social Security and Medicare on those earnings.I highly recommend you browse some of the threads on this.Peter Lee,You cannot 1031 a property that you are flipping as it is inventory in the business and not considered an investment.Also, To answer your question, you could end up with a tax bill depending upon how long you reside in the property as your basis will be carried over from the 1031 minus depreciation etc, you will also have depreciation recapture.

And I can connect you Glenn Lee who is the one coordinating all of this.

Thanks David Lee for welcoming me.

Originally posted by @Lee Ripma:@Kevin PfeilI think you’re in a great position-you’re not biased in choosing your market.

I would have to agree with Lee Ripma on this one. 

Lee