You can sell a property and do a 1031 exchange as many times as you want. 

While Raleigh is not my home market, I used to live down there (Morrisville to be more precise between 04-05) and I am just curious since our reality up here in Boston is VERY different for flips...

Is this a 1031 Exchange candidate?  

Lease signing and exchange of money and keys all happens at the same time.

Sacrifice some profit in exchange for knowledge.

At that point in time the only thing that I was perceiving about him was precisely what you obviously seem to perceive about him now.

utm_source=search&utm_medium=internal&utm_campaign=booksSimply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

@Lindsey Leavitt Few comments.Insurance is the transfer of risk to the insurance carrier in exchange for your $. 

They've been my home/auto insurer for years, and came out cheapest for multiple policies.I've had several exchanges with the local agent.

The single family we are trading it in for here in San Diego was only cash flowing $5,000 a year.That loan will be with my same local bank in Cleveland.  1031 exchanges are a brilliant way to defer your taxes too!!