Quote from @Robert Frazier: I would stick to something that can be replicated on each flip when you are in a market like this price point.

**Privy** tends to offer strong MLS data, **Propwire** focuses on off-market properties, and **Backflip** specializes in investor-focused analysis.

You make this election when filing your federal income tax return.

There are 4 to 5 houses on this private drive way which is paved like a street but is not maintained by the city and most if not all of these houses belong to family members in the estate.I have to concerns about buying this property and please fill me in on your thoughts and opinions.  1. 

This is the best alternate to a stove top kettle.

Welcome to BP!

A 1031 exchange is a great way to indefinitely defer the tax and use it to grow your RE portfolio, and build long term wealth.The most important factor in a 1031 exchange is that your qualified intermediary must be in place prior to the closing of the sale of your old property.

We are experiencing fantastic appreciation here, but most investors want cash flow or both and this isn't the right market for that if you are new(er).I am a full time Realtor® and investor in this area so I would be happy to help navigate this with you if you need some help.

What made you interested in investing in this type of deal?

(I am a fellow investor offering advice, I have nothing to sell and no pony in this race).