Opportunity Zones can be used to minimize tax payments or even reduce to zero.Opportunity Zones were created under the TCJA to; Allow U.S. investors to defer all 2018 capital gains for eight years if the profits are reinvested and held in an Opportunity ZoneLower the amount of capital gains taxes resulting from the sale of a capital asset by 10% or 15% if the proceeds therefrom are held for five or seven years, respectively, in an Opportunity Zone project.Provide for a full exemption from capital gains taxes on all future capital gains on the invested funds if an investment is held for ten years following investment.

I need minimal rehab. 

You can minimize the taxes by making some strategic investments.

A great longer term place to be, minimal weather risks, decent cash flow (compared to the Northeast) and a growing market.

We are in an unincorporated area so the restrictions are pretty minimal. 

This may not be everyone’s ideal recipe, but if/when markets drop, I enjoy the minimal disruption here. 

4) If you are not going to fully rehab the house under the period terms, but have a plan to market it for profit after minimal updates, is that okay or does it conflict with any terms? 

With the proper systems and a good team, those risks can be minimized and the best deal COULD be the deal you pulled out of.Hope this helps and again, sorry for this story being so long.Wishing everyone success!

In stocks, it could if you purchase on margin or need access to the cash...in real estate, provided you have the tenants, you experience minimal pain. 

Prior to refinancing, if I were to rent it out at market value, I would only get $100 BEFORE an expenses (which are minimal).