I told her to sell her farm to her corporation and do a 1081 exchange to buy the farm beside her.

If I were to have sold, I would have had to pay capital gains tax because I don't know the Florida market well enough to buy within the 1031 exchange period. 

@Lance Trezona I like the targeted/more precise nature of that method. 

Ready to use this equity gain to sell and 1031 exchange into a Multi Family project and continue to grow my porfolio.

Along with things like DST, 1031 exchanges, wholeselling, syndication, buying tax liens, court house step auctions,  the list goes.

Also, we are planning on a 1031 exchange to supply the down payment! 

Just closed today and set it up as a 1031 exchange.

The management company I partner with takes 20% of rental revenue in exchange for all of the bookings, marketing, cleaning, preventative maintenance on mechanicals, etc. 

I am also new to investing and looking to bring some kind of value to the table for someone in exchange for some experience.If you ever want to chat about my city let me know.

Now the level of risk and crime will of course vary by neighborhood so you've got to balance out the level of risk you want to take on in exchange for the amount of money you are willing to pay for a property.