I'm realtor for Magnolia Realty (we're owned by Chip and Joanna Gaines) and I work with quite a bit of investors on helping them buy and sell properties! 

I recently quit my job to dedicate full time to RE investing.Given the macro instability Latin American economies faced for decades, people with savings are constantly looking out for opportunities to invest in the US, specially in RE.So, a few months ago I partenered with a RE developer from my country and we are now focused on getting multifamily deals in Florida.Looking forward to connecting with all of you and adding value where I can!

This is your seed, when you plant seed you expect a return, but if you eat the seed (blow your money), you have no seed to invest, (no return). 

I was never quite clear on the logic here.

While they do eat into rental margins the larger profit came from the sale and the added rental profit was not worth the hassle of being a landlord.

There were 100% some rough years early on, to be certain, simply because it's hard to perfectly time the catching of a falling knife, but those that weathered the storm are sitting quite pretty today.

Apparently, even though i spend quite a bit of my actual time on this, because i get a w2 its considered passive income.

Got a very good off market deal and have quite a bit of equity ($250k+) in it.

My understanding is that in order for Investor A to use the 1031 exchange to defer taxes, he has to purchase replacement property and not use those sale proceeds for his other properties -- or quite frankly, anything else. 

I've even heard of GCs using auction type settings for returned items at Home Depot and Lowes for steep discounts.I've learned a lot about the GC game as I was up close to over 40 projects last two years and some went well and some did not and when they did not it was all Contractor related.If a GC isn't sourcing cheap materials at the same time milking the hell out of his 150-200 per day workers, then you can find yourself eating into your margins real fast.