My name is Mahussi Goudou, i live in Austin Mn and i am new to real estate investing and looking to connect with local investors.Thank you.

Hey @Mary Carmelo, I'm based in LA and when I'm looking to connect with local investors I google search for local REI meetups, conferences, and even property listings or developments.

My father in law would say Yes, but that is also why we don't prepare his tax returns.

Markets are local, but I'm always curious to see what's going on in the rest of the country :)  

@Jennifer Burgener There’s really no reason to stay local with a 1031 company unless it’s just personal preference.

BP needs to develop AI and use Jay answer as the most "trustable" and "genuine" answer without any string attached.I still remember to this day Jay advice to buy the house that's on median price for that local.

New Jersey gets a bad reputation because there are cities with extremely strict landlord laws, people invest in those areas thinking they are getting a good deal because the numbers "look good" on paper, long story short many of these areas are horrible places to invest with some of the strictest landlord laws in the world. 

Recently did a clean-out of several disruptive, law and lease-violating tenants, but have been coming up empty in finding solid replacements, and could really use some revenue coming in again. 

@Benjamin Aaker is on the money.Your income probably prevents you from using RE to offset your W2 income but you can still use deductions and depreciation to offset rental income.If you are looking to REI to reduce your taxable income on your W2 earnings REI won’t help much at all.One needs to be precise when discussing tax law.

I’d suggest starting with a chat with the local zoning department to see what’s possible and look into similar rezoning efforts.