An issuer will be presumed to have a reasonable belief that all of the purchasers of its securities in this state are purchasing for investment pursuant to Section 58-13C-202N(3)(a) if:(1) the issuer, prior to a sale of its securities to a purchaser, obtains from that purchaser a signed statement that the purchaser is acquiring the securities for its own account and does not intend to resell the securities within twelve months of the purchase date;(2) the issuer maintains a record of all statements obtained pursuant to Paragraph (1) of this subsection;(3) written disclosure is provided to each purchaser prior to sale that the securities have not been registered under the New Mexico Uniform Securities Act and cannot be resold unless the securities are so registered or can qualify for an exemption from registration; and(4) a legend is placed on the certificate or other document that evidences the security stating that the securities have not been registered under the New Mexico Uniform Securities Act and cannot be resold unless the securities are so registered or can qualify for an exemption from registration.D.

Especially with the need to fill a bunch of vacancies.Since they are separately deeded, an option might be to buy the whole mess, clean it up, fill it up, and resell them individually.

I've heard that some people have made a living buying a personal residence, fixing it up and then reselling in two years making $500,000 tax free.

Hi Tyler,I would seek out investors to provide capital to buy land and build houses to resell to the local market, huge demand for houses which are in the affordable and median price range.I would buy for pieces of land and built and resell for a profit.Would take aprox 8 months to 1 year for the whole process but i am confident that houses will sell.Bascally have all info ready for a investor to fund.I also like buy and hold but have not done much analysis on this.

You cannot do a 1031 on a property that you purchased with the intent of reselling.  

If majority of surrounding houses are brick, it will be tougher to re-sell the vinyl house.  

First, it's 90 days to resell to an FHA buyer, not 180 days. 

On the other hand, if someone purchases and then resells no license needed.

I had to grind it out to find those kind of off-market deals that I could resell at a big profit...

The only way I would decide to go through the rezoning process is if I were going to be building new with the intention of eventually reselling to recoup those upfront soft costs.