BP just started a Community called PassivePockets (full disclosure, they started it through acquiring my company Left Field Investors) - and the mission of the Community is to help LP investors learn and grow together. 

But if the replacement property has less value in section 1245 items, you do have to compute the difference (which pretty much requires a cost seg study on the acquired property), and then you have 1245(b)(4) recapture on the difference.  

The barrier to scaling is on two fronts. 1) the capital needed to acquire each single family home becomes more and more as I cant keep buying primary homes with 3.5% down (lol). 

As illustrated in the diagram above, the investment city determines crucial factors: rents outpacing inflation, acquiring multiple properties with minimal capital, and the longevity of your rental income.

RodriguesWe have two loans we are acquiring that will be selling as short sales.

Quote from @Tyler Bilinovic: I have just acquired my first two long term rental properties this year and am looking to take advantage of the tax benefits.

Dream on Me acquired the brand’s intellectual property and reopened a few stores, but with rising e-commerce trends, physical stores became unsustainable.

My husband and I are now in a position to start acquiring some rental properties.

In these states I assume that just like a standard foreclosure, all funds acquired during the sale that exceed the outstanding contract balance and any liens on the house go to the contract buyer (vendee?)

And, how big in multifamily are you looking to acquire?