Rules are super landlord-friendly and we see positive cash flowing deals with lots of potential for appreciation.

Purchase price: $600,000 Cash invested: $30,000 Purchased single family home, finished basement making the property a duplex.

Mentorship itself is the single most powerful knowledge transference apparatus ever. 

Was the SFH in a single family zoned area? 

For the 10 year period spanning December 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.4% in that period.

With single family investing it's about finding properties at 50-75% of "retail prices" in a neighborhood and then renovating them to improve them to "force equity" and then refinancing to pull out cash - essentially a BRRRR.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

He wanted it all sold as a single package with no owner financing.  

Please consult with an attorney that is familiar with 1031 exchanges.If you move into the farm after two years and later sell it, capital gains will be prorated based on investment vs. primary residence use, limiting your Section 121 exclusion ($250K single / $500K married).

If you're purchasing a single family home you can use traditional financing like you probably did on your house or you can do a commercial loan.