While there is never a guarantee (run if someone offers a guarantee), you want to tilt the odds in your favor with savvy choices.If you lack the knowledge and skills, start slow.

My goals are to:Generate returns north of 20% annuallyDouble the investment within 3-5 yearsEventually deploy the capital to long term buy and hold multifamily unitsProtect returns in a favorable tax environment Some of my current ideas:-wait and contribute more capital to purchase outright-utilize non recourse lenders to leverage into a small residential multifamily-buy a small sf in a lower cost market and resale with a markup using seller financing to create an interest bearing note that i can hold or sell to notebuyers -invest as a lender/crowdfund investing to generate passive returns I like the idea of protecting returns but now feel a bit hamstrung because of higher ltvs and wanting to keep these funds separate from my operating entity.

In the scenario I painted, it would probably be safe to assume the distribution would be far in excess of the basis, so I'm guessing that would not be treated favorably tax-wise.

While the guru's have said that getting the property under contract equates to equitable interest, the FL Div. of RE does NOT agree and any marketing of properties under this guise is not viewed favorably by the Division.Definitely read up on the laws in your state.

If you have no real estate experience and no "VALUE" to bring to the table you do it the old fashion way.

If the math is in favor of 1031, I would rather close first, then sell it.

Current condition (my opinion): 30k-40k max A Mortgage recorded on 1/1994 for $71,250 A Lis Pendens in favor of Bank recorded on 3/24/10 A Judgement Lien to Hospital dated 2/15/06 $ 1,300 Assignment of Tax Liens to TLOA, Inc dated 7/2016 Assignment of Tax Liens to TLOA Acquisitions dated 12/2016 An Assignment of Tax Liens to TLOA Acquisitions LLC Series 8/2017 Assignment of Tax Liens to TLOA of CT LLC dated 12/2017Assignment of Tax Liens to TLOA Servicing LLC dated 12/2017An Assignment of Tax Liens to TLOA of CT LLC dated 6/2018A Lis Pendens in favor of TLOA of CT LLC on behalf of the city, dated 12/2018A City Tax Lien dated 5/16/16 for $ 1500 (2014)A City Tax Lien dated 4/26/17 for $ 3,200 (2015)A City Tax Lien dated 5/03/18 for $ 2,700 (2016)Thanks in advance.

Double bonus if banks will lend you money with favorable terms to buy it!

Plus, they know how to talk with the review board so are morel likely to get a favorable outcome than I would.

He told me that the AOS was heavily skewed in favor of the seller and that I should get a couple of extra clauses in the AOS before signing.