This was our first long-distance flip, which was about 3 hours from our local market.

I have used this as an entry point for a ton of investors here in the Scranton area and it's a great option to take since you have it!

Let me know if this is something you'd be interested in doing. 

This equity would be more than enough for me to acquire another 2 - 3 multifamilies.

Is this true?

Some states do have special guidelines or customs that differ from state to state, but this is a minority of situations.  

I am looking for a repeatable way to do this. 

I would like to offer my client alternative solutions, and sober living may be a viable option to make this property cash flow.If you are a sober living operator in Los Angeles County or know someone I can connect with, please feel free to reach out!

This will likely be part of a 1031 exchange, with plans to purchase by spring or summer 2025, before the fall semester.Thank you!

What do you think about this?