On the other hand, if you're up for that, areas around Fort Hood or down in San Antonio have properties at that price point all the time.

Is it possible given the cash I will have on hand?

My knowledge base is very solid, but I want to learn more hands on stuff.

I assume these products would still keep you in the rental business just with less hands on management?

But it better be the nicest, most comfortable 2nd-hand item ever.

If they don't do a 1031 they're looking at a tax hit of maybe $260K ish using hand grenade math.Now segue into the requirements for a successful exchange. 

If you don't know off hand what percentages your local lenders will require, talking to them to find out is critical to the success of your exit strategy because you'll want to know how that the property fits your local lending criteria.

They're really not for me or probably most Real Estate investors on BP obtaining higher returns than what they can offer, but I do admire the hands off approach system they devised.

I purchased a house less than a year ago fro 280K. Since then it appreciated by about 20K. Also, I put in about 20K of improvements in it.What's the best way to make the transaction and minimize the tax burden? Should...

I talked with a handful of brokers, but ultimately went with Your Castle Real Estate.