MFs you can split will help you resell for a premium.

Hi Shawn, that's not quiet the situation here, I was honest with all of them and told them upfront whatever deal they find me I will work only with them to close the deal and even after the flip I will keep using the same agent to re-sell the property, in this business  if I want to be successful I have to be honest and earn people's trust, this is a people's business after all having a good reputation and form a good network is one of the keys to be successful.

You are buying the flips primarily to resell which disqualifies them from 1031. 

@Bryan Atkinson - Still early in this but thought I would chime in since no one else has.Right now in both, still full time agent (and full(ish) time one of my other jobs) and got my first SFH I plan on holding and renting and eventually sort of flipping and reselling.

They usually were an older cheaper build and are pretty rare around here and prone being unloved and having resell issues.  

Or I could try and resell the property to an major outdoor advertising company, since that's not my business in the first place.Or I can hold it, and see how time treats the area.  

@Frank Rodriguez, If you are not tagged with the title of "dealer in real estate" (meaning you hold real estate as inventory and your intent is primarily to re-sell) then the cut off for capital gains treatment is 12 months.  

The term "turnkey" is used loosely by folks that operate different models.Some acquire (own), rehab, and re-sell the property to the turnkey buyer.Some broker the property to the turnkey buyer, who funds the rehab out of pocket.Some are marketers/promoters that collect a fee from the actual rehab/property management team and steward the buyer through the process.In the sense that property management is often handled in-house by many turnkey sellers, there is a "vested interest" in the property's condition and tenant quality.

If you can get the price to about $45K ($51K minus the additional $6K), and it's worth $71K as-is, then I would recommend just buying and reselling as-is (or wholesaling). 

I don't know the miami market, but in general new properties are easier to resell than older ones.