Demand for multifamily housing is forecast to remain high, as Millennial household formation continues and Boomers seek to downsize and re-enter the rental market.

You want to make it as easy as possible for them so are having this discussion now. 

I'm also a new RE investor actively looking for my first flip deal.

He may be real or he may be a wannabe guru.That being said, you will never (I repeat NEVER) learn everything you need to know reading from discussion forums.I don't think probates make good candidates for wholesaling.

Interested in flipping, buying and holding, and RE in general.

Good luck with your RE journey and if you visit Tampa look us  look!

I have been on the Bigger Pockets for quite some time but just getting serious about RE Investing.

But you can just keep that profit within the business and re-invest it then you will not be taxed of course.They mean home insurance.

Cap rate which is what the discussion is about takes into account cash flow and does not take into account appreciation.

Last question is, have you discussed the proposed plan with your 1031 exchange entity?