You have to have exit values of single family homes high enough where build cost can work.

I'm replacing a boiler for a single-family home, 1400 sq.ft.

So I bought a single family home for 315k that was considered inhabitable.

All these years later and not a single reply from anyone who knows about it! 

pid=2141Houston Real Estate Highlights for December and Full-Year 2024:-Following two consecutive years of declines, single-family home sales rebounded in 2024 with 85,163 single-family homes sold compared to 84,038 in 2023 an increase of 1.3 percent; -Total property sales for full-year 2024 were statistically flat at 101,864 units while the total dollar volume increased 3.1 percent to $41 billion;-December single-family home sales climbed 16.3 percent year-over-year with 7,162 units sold;-Total December property sales increased 13.6 percent to 8,478 units;-Total dollar volume for December rose 20.5 percent to $3.5 billion;-The single-family home median price edged up by 1.3 percent to $334,290 while the average price increased 5.0 percent to $425,150;-Single-family homes months of inventory expanded to a 4.0-months supply;-The townhome/condominium market experienced declining sales throughout 2024, and in December, volume declined 5.8 percent, with the average price up 2.5 percent to $268,152 and the median price statistically flat at $234,250;-Townhome/condominium inventory improved from a 3.5-months supply to 5.4 months.

You need to purchase at least $750K of real estate to be used for investment. 

Ask anyone investing in anticipantion of Foxcon..

The 1031 must be a sale of investment property followed by the purchase of investment property. 

Should I make my first investment? 

We are gonna need a lot more popcorn. ya I dont know who this guy Goodin is or why Melanie chose to single him out..