And one trip under the steamroller can wipe out many years worth of found nickels.In other words, always be thinking how to minimize the risk of investing, as well as the rest of your life.

So, @Wayne Brooks , if bought the mortgage and note for $65k and you sent the minimal bid to auction at the $200k (judgement) and nobody purchased the property at auction.

There are plenty of posts here on BP on how to accomplish subject-to and minimize the chance of acceleration.

Same housing stock, rising prices, lots of dumpsters in the front yards, minimal days on market.

@Jeremy CooperThe best person to ask is a CPA or Bill Exeter who is the exchange expert on BP.The rule of thumb for 1031 exchanges are "like kind" since real property and stocks & bonds are not "like kind" you are most likely not able to do a direct exchange.The only other strategies I have seen used to minimize capital gains are using an installment sale.For High Net Worth clients, there is the 1031/721 exchange into an upREIT.

Since I'm starting out with minimal cash, I'm looking to start with wholesaling.

The car had no value above scrap value and it's not worth going through a bunch of paperwork and time for a minimal gain.

Beyond liability, if they are providing drug/alcohol rehab to persons still under the control of the courts through probation type arrangements, there may be some legal reasons that they have to limit contact with outside persons who could supply drugs.Scaffolding?

But how do you know if they want the alcohol or the gift card?

Personally I first focused on SFH to rent and hold, then on some flips with minimal rehab and one commercial in the mix.