Have plenty of SFRs to collateralize with second mortgages but do not own any of them free and clear.

If you would like to hear more about our market, please feel free to reach out.

Seller distressed and willing to sell his property for 22% discount, however his family is living inside rent-free. 

When dealing with pre-foreclosure, you don't want to leave the seller in a tough spot.Feel free to reach out! 

You can exchange tax free into about a $2.8mm class B apartment complex.

As a CPA specializing in real estate taxes, I often get asked about the basics.

Start with BiggerPockets Ultimate Beginners Guide (free).

In terms of new construction, a couple things to be aware of in San Luis Obispo County are water shortage issues and development fees/taxes which can significantly increase the building costs.SLO city and the neighboring cities are particularly diligent on their water usage, as most of the county's water supply comes from three surface water reservoirs and a groundwater basin.

Does it make sense to rely on tax implications / benefits to justify this as a good investment?

Feel free to private message me for contact information.