Since welfare is a relatively small slice of the revenue pie, and since not all welfare recipients are scammers, I would argue that there is a disproportionate emphasis placed on the welfare issue.

So I thought about this in relation to my real estate investing.

And that was a good rate then so I can relate a little to what you said.

I am a relatively new investor.

Hi, I would like to know if the following scenario, which is related to this forum post, would qualify for 1031 Exchange?

The catch is that the next property has to be of higher value and has to be purchased relatively quickly after the sale of the first house.

Here's what I know:The city of Corpus Christi has a 3-yr apprciation rate of 5.9%The city of Corpus Christi has a 1-yr apprciation rate of 6.7%Zillow predicts that the neighborhood will appreciate at 7.4% in the next year.The house is on an island, so expansion is limited but has not yet capped as there are still vacant lots scattered in this area.This address is in the best school district of the metro areaThe city experienced 10% net population growth 2000-2010The city's two main college campuses had a combined enrollment of over 22000 students in 2011.The city's top ten employers are in the sectors of military, education, health care, contruction, government, and grocery (local grocery chain headquartered there)The house is a 3 bed 2 bath, which is on the small side of avg for this area.What more what YOU need to know before deciding to invest in this area?

If you can compete well with the rental rates and still make the money you want to per door, why not.I agree with Brandon that duplexes aren't generally a great investment if your goal is to sell in a relatively short time... unless of course you are purchasing, and I assume refurbishing, for way under market value.

Shari Posey:Paying a "premium" is a relative term and a subjective number.

I have a relative that is a doctor.