I keep hearing about approaching sellers and asking the proper questions.

It may be possible to save all or a portion of the tax-deferred benefits with the proper expert guidance.Partial Tax-Deferred BenefitsInvestors can dispose of one or more relinquished properties and can acquire one or more like-kind replacement properties as part of a single 1031 exchange transaction.

Your current perspective will either cripple your success or it will propel it.Just make sure that you have your greatest asset (YOU and YOUR MIND) working for you and not against you.To get back to your original question, I think that most investment strategies will still work in any market but you have to properly structure your numbers with a full understanding of what your market is doing.

The icing on the cake Seller financing, if structured properly, creates an opportunity to maximize the sale value of the property.

I'm sure you are unable to properly quote a rehab job, you're not a contractor.

:D ) can help ensure that you don't get in over your head.3) What if the area I'm interested in, while I believe it will continue to appreciate, won't cash flow 1%?

A good lesson about the importance of properly structuring a partnership in advance and not trusting anyone but certainly an expensive one!

We have no desire to work for some-one else, because the way we get things done, we don't get the proper pay, meaning wages stink..

The first prop I got is doing well but I jumped in feet first without the proper research to justify the decision from an investment perspective.

I would add into my calculations what it will take to get this property into proper shape.