Property that qualifies for 1031 is property you purchased with the intent of holding for productive use in investment. 

Just keep in mind that motivated sellers don't make decisions based on logic.

I was impressed with her product and her personally.

Hi, I'm a recent Navy veteran in NYC and am studying up on real estate.  I've gone to see gurus, paid for some minor courses, but never jumped all in for courses in the thousands.  I was excited to make money, but did...

On forums that only track posts and not votes/karma/rep/ whatever they call it I see more of the mega-posters with 30-40,000 posts and folks tend to fall right in line with what that individual says, sometimes suppressing debate. 

In most markets you want to be in the "average" range.I don't see that you included any motivating factors.

Listing Price:$ 99,990Down Payment: 20% ($19,980) Closing cost: $5,100Loan balance: $79,920 @ 5% for 30 year termEXPENSES (Monthly):Principal & Interest: $ 429Vacancy $40Water/Sewage: $0Taxes $212Insurance $76.50Utilities: $0Management $144Maintenance $24Trash $0CAPEX $172.80TOTAL : $1,098INCOME (Monthly):Rent 1 bed 1 bath $800 (occupied on 1 year Lease)Rent 1 bed 1 bath $800 (occupied section 8 for past 10 years)TOTAL: $1,600I plan to offer about $87K to sweeten up my cash flow, considering they have already dropped the price before and seller is motivated due to acquiring this property from a deceased family member.

My guess is the true power cash has will vary depending on markets, seller motivations, and other variables.

The contract states no smoking on premise.Full story:I recently purchased my first home and decided to rent out 2 of the rooms to 2 different individuals. 

The cash flow isn't great but I understand that it's a by product of the 15yr mortgage and what feels like a B class property.