Yield in an asset, including real eatate, is a function of the markets perceived view of risk in the asset and market.DC, and Arlington, are amongst the lowest risk markets in the entire country, and thus will have incredibly low yields on purchase.Part of that risk profile though is how much future appreciation and rent growth are anticipated in said markets.

I'm hesitant to use the word "investor" to describe myself, although that's what we're about to become.

I am also planning on taking on more debt to be used to improve the property we are looking to purchase, whereas the partner with the 1031 exchange would not contribute any additional capital following the purchase.Philip, there is going to be some gift tax issue here if you do ITC the way you are describing it.

Real estate is commonly viewed as an inflation protection, so demand increases, which has an upward pressure on pricing. 

People I’ve seen achieve what you’re describing do so with a partner.

Would be interested to hear your views on this!

Financially Feasible, now this is where the analysis described in the previous response comes in. 

From what you have described and given your options, your scenario could be geared to make for a great BRRRR deal.

Once more, seeking BP wisdom.I just had a solid tenant move out after nearly 4 years (always paid on time).The rental was left in less than desired shape, and one of the issues I’m having trouble assessing cost for, is the kitchen countertop.I’m attaching a picture, because it is difficult to describe. 

You are only allowed to view the property on the morning of the auction.