Then we switched strategies to looking in Halifax, Nova Scotia, where I grew up and had many competitive advantages.

There are many groups around here and in NoVA that meet where you can start building up your knowledge base and make connections in the industry.

@Nova MendozaI would recommend Tom Corcoran at Edge Heating and Air. 

Account ClosedA new property management company and HOA management was put in place Mar'19.

I would love to invest in NoVa but as you know living in the country's richest county, you have to worker harder to find the right deal; but they are out there.

This guy's article states that depreciation recapture exclusion is not possible with the opportunity zone 10-year-hold:https://www.therealestatecpa.com/blog/real-estate-...Yet these other articles are stating that capital gain tax AND depreciation recapture tax are not taxable at sale:https://www.thetaxadviser.com/news/2019/mar/irs-qu...https://www.accountingtoday.com/opinion/opportunit...It's my understanding that the step-up in basis would make the latter folks correct here (i.e., no depreciation recapture tax on 10-year-hold sale).Thoughts?

How familiar are you with Nova? 

Mar: 16 deals for $237,033.88 profit so we were back in businessApr: Closed our first deal in new market on the 25th of this monthAug: Best month ever to date, 25 deals for $359,875 profitTotal for the year was 187 deals and $2,351,452.59 in gross profits.

Hello,I am a newer investor in NOVA (northern VA) looking to utilize the BRRRR method to grow my rental portfolio.

But if she came down from NoVA she has high expectations...