Also hope everyone's property made it through the worst of this storm as unscathed as possible.

What would you recommend as the best strategy for accounting for this situation as we file taxes for the 2023 tax year.

I am relatively new to real estate investing and my goal is to start with a househack this year and scale my portfolio over time. 

Purchase price: $100,000 Sale price: $140,000 Fix n flip What made you interested in investing in this type of deal?

This reduces the amount of upfront capital you need.2. 

What still haunts me with this deal was the amount of due diligence and earnest money I put down.

Any other strategies for using 1031 money in this situation or is it only for purchase of a new rental property?

How can I make sure to do this the right way? 

My calculations are based on 2 sets of numbers - the numbers the seller has provided, and my own calculations accounting for 5% for vacancy, 5% for repair, 5% for capex, 10% for property management and actual costs for property tax/insurance.I am trying to decide if this deal is worth pursuing or if I should walk away due to the premium on the homes.

I find this vague.