Listen to Wholesaling Inc podcast all day, every day.

Maybe they need help cleaning up a job site, writing letters, landscaping, posting bandit signs, sweeping the floor… maybe you just go and pick up their lunch and run errands every day.

No set schedule, I work a little almost every day, depends on the time - Chicago real estate is seasonal and is typically super busy between March - August. what has been the most challenging thing for you in the career?

I'm still going to work everyday. 

The reason for the off market deal is because I drive past this place every day and I know it has potential.

With yard debris, I went onto "as needed" basis, and got the biggest can, and I put about 100 holes in it, so it would dry out and I could put more in. 

The basis of the lot goes into the purchase and the rest is either profit or additional depreciable basis.If you later sell you would liable for all tax including1. the appreciation of the lot (no depreciation because you don't depreciate land)2.

Even if the tenant is low maintenance, CAPEX is occurring every day.

It varies through the state on a county and even a local basis but in the area I'm talking about, no.

But how to assign the original 1031 exchange basis to prepare for sale?