I had previously focused on investment sales and have not dealt with leasing much.

Its slower but very powerful strategy.

Purchase price: $230,000 Cash invested: $60,000 Sale price: $397,000 We did this a while back but I'm just now making a profile on here.

As an owner I do understand the annoyance of this, especially if you were to back out of the deal and then having to deal with the issues of tenants worrying they'll be displaced, mismanaged upon sale, etc.

Property that is purchased and fixed then sold generally falls under intended primarily for sale. 

On top of that, there's a bill working it's way through the state to add an additional sales tax on real estate.

If I 1031 I get to further delay the taxes even upon sale. 

They're both reliable options with good flushing power and low water usage, which is great for a rental where you're footing the water bill. 

The Point of Sales and govt. in CLE can be tough to navigate.

You get a trustee's deed from the foreclosure sale then you pay the senior lien off.