Before deploying capital, focus on stable income and lending qualification.

How did you actually deploy the tax savings afterward (next acquisition, reserves, debt paydown, etc.)?

A couple of clarifications that matter in practice:The key rule in a 1031 isn’t just total purchase price, it’s how exchange equity is deployed and when.

Financing: I'd recommend doing tons of networking wherever you are at to find an individual/family with some capital to deploy.

Are you doing SD local flips or are you looking to deploy capital regionally?

Debt is structured to fund infrastructure and vertical development in phases, matching capital deployment with home sales.

I want to maximize it — not deploy it in a way that limits future options or creates unnecessary risk. 

Personally, if cash is tight, I’d rather deploy that same equity into easier out-of-state Midwest markets where the numbers are simpler, and cash flow is more predictable.

Welcome — Dallas is an interesting market right now.If you have capital ready to deploy, the biggest challenge isn’t finding “a deal,” it’s finding one that makes sense under today’s rates and pricing.Retail acquisition + new high-rate debt is tight in many submarkets.

If you could deploy it elsewhere at 8-10% cash-on-cash the opportunity cost matters.El Paso has had steady appreciation but it's not a high-growth market.