First you have not held it very long and secondly, your activity looks very similar to that of a developer which could mean that your intent would be perceived to be creating inventory rather than holding for productive use.

Do you all study up on the properties being auctioned or do you have time during the auction to look at the specs (minus physically stepping into the house of course)?

People THINK they can't buy, but in reality with FHA loans and other low cost mortgage products it os less expensive to buy than to rent.

You could also partner with a Manufactured home dealer they are always looking for land to put their product on. 

Property qualifying for 1031 is property you purchased with the intent to hold for productive use.  

Almost looks like some type of cement board product.

Ryan Wiles to avoid PMI you need to put down at least 20% on an owner occupied 1-4 family home.First time home buyer isn't really a loan product, it's just something lenders use in marketing.

When my lawyer executed the judgment, he found no physical assets to take.

Understand that a property with awful tenants, neglected physical condition, and the inability to inspect isn't going to make selling this place easy for the owner.

Otherwise, if you are selling a finished product, put it on the MLS where the buyer pool is huge!