Hi All,Looking for recommendations on your favorite book or resource that has helped you out when talking with sellers?

I am certainly not an expert at Alabama law, but I'm guessing that if he is actively soliciting you (without him being your friend or cousin doing you a favor) then he's supposed to be licensed. 

We are constantly getting stupid letters...trash cans left out too long, cars not parked all the way in the driveway, and my favorite letter from a couple months ago - potted plants by front door were overgrown.

I have been looking for good active real estate investor associations, meetups, clubs, etc. for my business partner and I to attend.

Alamo Reia is my favorite - this Thursday I can bring a guest free so let me know if you want to check it out!

I wish I was able to make it to a meet up lead by @Darren Sager; he definitley was one of my favorite podcast guests. 

My "Why" is because I want to continue to be an active mom in my children's lives (more specifically...not to miss school events, milestones, and just spending time with them), to be able to leave something behind for them (and future generations) that they can build on/take over if they want, and to continue to fulfill my wanderlust as much as possible.       

This may not seem like "income producing" activity at the moment, but it's critical for putting yourself in a position to generate revenue.2) Get to know the buyers in your area. 

I have one advice for you: if you have some capital to deploy in marketing activities to get leads and the patience to wait for over a year or even two to make money, then wholesale. 

But you're total gain including depreciation recapture was $60K so you would end up having to pay the tax on all $60K - no benefit to the 1031.The other question you're hinting at is what if you bought a tract of agricultural or hunting/fishing land that you intended to use for productive use (wilderness activities, rental, agricultural, livestock etc etc).