Is it possible that I could do a 1031 exchange by selling both homes, use the proceeds from both sales toward the purchase of a new home, and defer the recognition of capital gains and related federal income tax liability on the exchange?

In a heavy value add you're likely to buy at a very low cap rate, it's relative to the particular property.5.

There are circumstances wherein you can have two FHA loans at once, and this actually looks like it checks at least a few of the boxes, but I'd run it through formal underwriting just to be sure, since the exceptions are so relatively uncommon (but not unheard of).

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.If you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

All of it is relative honestly.

They are within reasonable driving distance and a relatively easy drive.

Wouldn't the price of points and rates be relatively equal?

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

My questions are: What is the best approach to finding properties that will cash flow when the general rental income for a given area is low relative to the price of properties?

Even if they lower the rent to bump occupancy, the net result is the same as it relates to NOI.