Purchase price: $214,000 Cash invested: $180,000 Sale price: $550,000 Old VFW building What made you interested in investing in this type of deal?

It’s a smart move, especially since it ties in with your goal of saving for your first investment.For skills, you probably already have a good foundation with your sales experience—things like communication, organization, and dealing with clients are all super valuable.

Why not test the market by putting the lots up for sale, and if nobody bites, that might provide your answer. 

I have been working the last 6 months as a commercial real estate agent focusing on retail investment sales in Los Angeles. 

I thought I could take this opportunity and learn from it without having to buy property.

The key is that in order to completely defer all tax you must purchase at least as much as your net sale. 

"Leverage infill opportunities"...

I am leaning on local first for my next investment, but not ruling out an out-of-market opportunity. 

Is there some reason that you or the company simply don't discuss what happened and use this as an opportunity to turn a negative post into a positive one for the company?  

I feel a loss of direction and that makes it really hard for me to focus and build.Do we keep at building a portfolio of small multi family (very abundant in my market, very rare to find anything above a triplex for sale), with plans of selling the portfolio and 1031'ing into larger properties?