California is one of the states with "exchanges" and huge numbers of illegal immigrants, etc. that will affect the market so, best to wait and see how.

It would be great if there was a Bigger Pockets Summit or conference that would give everyone a great excuse to come together and exchange ideas in person.

BUT the appreciation in the area allowed me to sell (to a rehabber) at a good profit and do an exchange into a much larger (and way more profitable) property in Ohio.4) I started 12 years ago- don't know if that qualifies as longterm?

That would leave me $74,000 to do a 1030 exchange with on a larger property.

In exchange they get to show off their passion and explain why they do the things they do.

I would consult a 1031 Exchange expert in your state.

AND when you eventually take it out, all earnings will be treated as ordinary income, meaning you will pay MORE taxes than if you bought it outside of the IRA where you get the cash flow and receive a huge tax benefit through depreciation expense and 1031 exchange rules (upon selling).So buy that sucker with cash and then do a Cash Out Refi under the Delayed Financing Exception (Fannie Mae) if you are still eligible for such - otherwise get a portfolio loan to retrieve most of your cash back out and keep rolling on to the next property.

Find a private lender who would kick out cash in exchange for cash flow and a solid return.    

Would like to get together to study or exchange information.

I offered to provide him GAP funding (funding all the cash he needed) and in exchange, I get 50% of the profit.