Instead of going after the homes that just hit the market try looking at the ones that have ben sitting for 30+ days, or the ones that were under contract and are now back on the market.

Mike, Renee, Ben, Jonathan, James and anyone else if I missed you feel free to connect with me here on BP.

Ben

Originally posted by @Ben Weis:thanks michael. it is an unbelievably generous gift. a few details:• our goal is to own in oakland, berkeley. albany or el cerrito if need be.• we do not want to live in one of the properties.• i'm not certain on values, somewhere in the $350k-$450k range• the 1031 exchange seems the most ideal as it allows us to make some improvements to the rental, sell it, and roll that into a home in an area we're interested in living in. i appreciate the offer. we're in the learning stages and would love to know more about 1031 exchanges and how we can best structure it.I see, so you have no interest in living in the property.

Where can he make money. 

Remember that Ben Franklin said "diligence is the mother of good luck" -- and to do proper diligence you have to know what you're doing.

@Ben Guttman thanks so much!!!

In this episode, Josh Dorkin is back—and he and Brandon deliver a series of interviews with some of the past guests from the BiggerPockets Podcast, including David Greene, Kenyon Meadows, Andrew Cushman, Arianne Lemire, Darren Sager, Ryan Murdock, Tim Shiner, Anson Young, Zeona McIntyre, and Ben Leybovich.Click here to listen on iTunes. 

@Tim Doyle As @Ben F. mentioned FHA requires a home-buyer to live in a house. 

Thanks, @Ben Zimmerman.