Purchase price: $325,000 Cash invested: $100,000 One of the projects I’ve worked on is the Kismet Sober House at 793 Main Street in South Portland, Maine.

My quick and dirty due diligence, for what is worth: Jon seems to have had a long and successful career on wall street. 

I went to HS in OC and lived in SIC. 38th, 40th, 43rd & 57th Streets.

If you have a 4/4 house across the street from the beach and you search on AirDNA maybe across the street does $200k but beachfront does $300k and maybe the autogenerated number comes up $250k. 

To an extend, it is a 2-sides of the tracks city, with one side having your Chick-Fila and Lowe's and the other side having many boarded up homes in a row on certain streets.

🏡 Success Story: Young Street, Richmond, VAWe purchased Young Street off-market on May 23, 2025 for $173,000 — a hidden gem ready for transformation.With a targeted $50,000 renovation, we completely reimagined the home:✨ Added stairs to the attic for full access✨ Finished out two spacious rooms upstairs✨ Installed a brand-new full bathroom✨ Staged it to perfection for maximum market appealJust 4 days after listing, it sold on October 27, 2025 for $390,000.💰 Purchase Price: $173,000🔨 Renovation Cost: $50,000🏠 Sale Price: $390,000📆 Days on Market: 4💵 Profit (before closing costs): ≈ $167,000This project is a perfect example of how creative vision, strategic upgrades, and professional staging can turn an overlooked property into a massive win.We didn’t just flip a house — we created opportunity, equity, and a story of success.

If we simply sell outright the gains, I’d any, will be miserable and essentially toss away decades of work,how else do people off load these investment properties (didn’t care the the DDDD strategy.)Has anyone 1031’d into credit sited funds (think crowd street or other funding platforms that accept 1031’s?) 

Pick one neighborhood and learn it deeplyInstead of bouncing between Harker Heights, Temple, Killeen, etc, choose one pocket and learn:average rentstypical priceswhich streets are great vs. which streets are troublewhich homes rent fastestYou’ll analyze deals faster because you’re not reinventing the wheel each time.4.

Large lots, green space for a play area, large sheds for extra storage, an outbuilding with a full size washer and dryer, ample room to park a couple cars at each lot, fenced, street lamps at each lot, gated entry for security and privacy, community mail box, etc. etc. 

It is very common, even from reputable lenders like Easy Street Capital and Kiavi.