However, as you pointed out it is also clearly an intent to resell not eligible for a 1031.

Great vision, thanks for taking the time @Edwin Epperson I´ll be reaching out, giving that you are across the street ;)

Yea if you can put them together you can email them to me and Ill take a look at them with you. :)

Purchase price: $325,000 Cash invested: $65,000 Purchased a duplex with the intention of assembling the land next door to eventually develop.

Ill be there!

INTENTION: Buy @ $280,000, rent both sides at or above $1,000 after 1 year.THE MARKET: It was still a Seller's market in OKC, but not extreme like FL, CA, TX, etc...FINANCING ACQUIRED: - HELOC $95,000 variable interest used for down-payment paid by my LLC.- 30-yr Interest-Only (for 5 yrs) loan through Park Place Finance LLC (found in Bigger Pockets network) who sold the loan in 3-4 months on the secondary market to another loan company (that's how these companies make money).

We have a full working thoughtfully intentional site and we get way more leads now than ever because the pandemic put people in distressful situations to at least have a convo about selling their home.

Like OH IND KEN Yes Midwest, I'm looking at Chicago Ill. and Columbus Ohio specifically. 

If they aren't willing to sign - I'd be surprised if they have intent to leave.

I bought a house for 170,000 with the intention of renting it.