I am a roofing contractor now and understand there are multiple trades when doing this, however, I wanted to get a better idea of which trade comes after the other.

While this sounds like a win, the number of cases where it is feasible are few and far between. 1) There is an application and approval process required by the bank for the loan to be transferred.

WilliamNot sure if this is a real post or just something to get everybody going.

This article makes some very strange assumptions.

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

I know this is not typical for a renter though, particular in a relatively lower income area where my class C property is located. 

I'm excited to start this real estate journey, which is entirely new to me.

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.

These resources can help you connect with like-minded individuals and gain valuable insights for your multifamily investments.Good luck!

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