And defer the depreciation recapture indefinitely (if you continue to do 1031 exchanges and cost seg over and over)Yes, you can do it.

I invested time, money, and created sweat equity.

The downstairs, which originally was slated for retail, will be event space with the space leased to Downtown Memphis Commission and then they will coordinate and lease space for events.  

I have more than a full time job and a 4 year old son.  

Right from the start, I knew that building a solid team and keeping them motivated was crucial.

I also own a RV Campground and Marina in Michigan.

I would get a licensed and insured PM to protect yourself and your property. 

Lately I’ve been seeing a lot of investors talk about the challenge of finding quality motivated seller opportunities.From what I’ve seen across different markets, the most consistent results tend to come from public record data—pre-foreclosures, probates, liens, evictions, and code violations.Accuracy seems to matter more than just volume, because bad data leads to bad campaigns and wasted budget.Curious what others here are doing:• Are you sourcing leads from public records directly?

Contribute the land to a partnership with them and learn along the way. 

On the plus side, I grew up here and know the neighborhoods like the back of my hand, and I think I have a good sense of the market.