Additionally, I'm not certain but I believe that every penny of withdrawal taken out of a (non-Roth) 401k/IRA during retirement is taxed at your ordinary rate, which is likely to be higher than tax preferred treatment of real estate.

Unfortunately, the seller is on drugs and initially agreed to $50,000 sale price to close ASAP.

If I wanted to start a pharmaceutical sales company I wouldn't just go out and buy a bunch of drugs.

But if you're wanting the best return on your investment the dogs will give you fleas too and reduce your return to rubble.Also , When you buy a portfolio you still have to establish your intent to hold in order for them to be eligible for 1031 treatment. 

Be aware this place is a like a drug!!

It's like a drug dealer calling the police to report he was ripped off.

Police let him off with a warning for the drugs and paraphernalia, and they give him a pretty strict lecture. 

I've read that the Vegas valley has some of the best water use systems in the country in terms of treatment and recycling the water, but we're still in a desert.  

It includes provisions like:One person per room.One car per tenant.Very limited overnight visitors.No partying whatsoever.No smoking or drugs whatsoever.No pets.

I don't think I am getting any special treatment.