Thomas wood then reached out via email with Term sheets,  Articles of incorporation and Driver Licence screenshots.   

There are plenty of us around.If you find one, ask them what kind of clients do they have in real estate?

Selling a mobile home park and buying a portfolio of SFRs would be considered like kind property for the purposes of a 1031. 

Most applications have some kind of issue if you choose to look real hard.

@Stephanie P.While both the solo 401k and IRA rules allow for investing in real estate, you will not be able to use the property for personal use unless you take an in-kind distribution of the property.

It has to be a "like kind" exchange, rental for rental.

I kind of like notes to balance  a portfolio if you have a bad rental month your note payment comes in and covers a bad tenant situation.

Isn’t it a bad idea to have real estate of any kind in a S Corp, too many tax issues??

This would also help you determine what kind of work you need to do on your property and how much you should be spending on your rehab. 

If I was looking at it to build a spec house  70k all in is about right for a 350k exit  120 way too high.100k if your very efficient builder.. or a owner / builder and gets great pricing.. 4X is kind of a rule those price points.were it flip flops is the   2 million dollar lot and the 8k build and sell for 4 million like I am sure there is stuff in seattle like that and bay area and other high priced areas.but at the 350 exit I like the 1/4 or less for lot price to make a 15% gross profit margin after all costs.