There are many people who have made a whole lot more money than me because of their risk tolerance, but I have always been the slow and steady wins.In uncertain economic times like this I am glad my wife and I (as a team) were able to make the economics choices we did because we are not negatively affected to the extent that many people are.I hope all new investors gain valuable insight and learn valuable lessons that will help them out in their path.The bottom line for me in life is that my family is healthy and that we are together. 

Thank you for any guidance you can provide!

You can get conventional financing on those and build valuable skills then go after larger buildings as you grow.- Read the ABC's of Real Estate Investing by Ken McElroy- Find a mentor that has done multiple deals and is willing to help you evaluate deals that you come across.Best of luck in your journey!

So confirming and discussing with your tax professional is a must.I think you have several options:1) seller financing2) installments sale @Thomas Rutkowski should be able to give more guidance hereIn terms of your 1031 question, I'm not clear on the specifics in your case, but in general, the new property must be identified within specific time-frames as well as the sale itself must happen within a particular time-frame.

Being new and still in the learning phase, I am reaching out to seek a bit of guidance.

Any guidance would be greatly appreciated, thank you! 

I'm in dyer need of some guidance as I've fallen victim to analysis paralysis.  

All you need is a lender that does not require personal income and will use the equity or cash flow in the properties. if you need guidance on who to use and what rate and terms to expect, reach out and I'll recommend some to you. 

Good luck to each of you and I appreciate the guidance.

As the town appreciates in value and gentrification takes place, at some point these city lots very close to the main street will become too valuable for a mobile home.