That is capitalism in its purest form. 

It is really not a burden, it is really cheaper capital.

Bill Exeter thank you for you response, you just saved me capital gains tax on $50K!

Ideally you wouldn't have to rollover your profits every time and just use your start up capital, but if you don't have that capital you are basically rolling over your profits to put together that capital and then maximize your profits by financing your own deals.

They wouldn't have the capital, most wouldn't, to hold all of them.

Looks like you are in a great position to capitalize on the growth.

You'll likely pay long term capital gains on your stock gains.

This land was purchased by family members in the 1950s and, if sold, would bring us about $600K in cash that would need to be rolled over to other RE to avoid significant capital gains.

For my other deals, my primary appreciated in value and I took out a HELOC to have capital to work with.

This is a competitive advantage on the rehab side, and you should exploit it, which could make all the difference in making a deal solidly profitable in a hot market like Austin.You should look very seriously at doing some retail flips initially rather than just trapping your modest capital into a slow-growth rental strategy.