These two data points help us understand the demand for new construction homes in terms of size and price.

If you do a 1031 and buy a new property for 400k, your new basis is 250k. 

HMMM Lori,You're new to the forum, so let me warn you what's coming: a very direct talk, the only kind I administer.1.

They may "forget" to tell you that the tenant paid a double deposit, and then not transfer that deposit to you at closing.Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

Does the bank know the property was sold and you are the new owner?

Seeing you are new to real estate, get a foundation from others in your area and see what works and what does not work. 

I was recently tasked with finding an unheard-of market that could potentially attract brand-new STR investors.

Hi everyone,I am new to this community and real estate investing.

I am new at this. 

New constructions in the neighborhood are selling for a significant amount above construction costs (double or more the market value of the land).