We want more than the standard 45 days to identify a good property to move our equity into via the 1031 exchange.

@Logan Pettigrew some MLS systems have a field to identify them outside of the description.

Purchase price: $700,000 Identified and acquired a low-risk bank owned duplex in San Clemente for a long-term hold period.

Purchase price: $700,000 Identified and acquired a low-risk bank owned duplex in San Clemente as a long-term hold.

-Identify the highest-and-best-use given the current improvements, economic environment, tenant demand, and cash on hand.

The most important thing is identifying your goal.

Worst case scenario you sell it, best case you refinance and keep itAfter living in 2nd house hack for a year or so, repeat this process.During that time identify a few possible BRRRR properties.Rinse and repeat.This is nice and tidy and may not be how it plays out in reality, but in essence this approach gives you a few things of value:  repetition and equity. 

Ok, Greg, I'm going to ask you to get a better profile up here describing you and your goals in real estate as well as identifying your general location if you continue to ask questions like these.

If you already have a team in the other market and can find, or have already identified properties that can give you a higher return on your money, than it could be a great strategic move.

@Zachary Hutnick I don't think a scuff would identify that you gave a low enough offer.