Here’s how this usually plays out:1. 1031 into NNN properties is totally doable.You’ll use the 1031 proceeds to buy the replacement assets (say a couple of triple-net leased buildings).

Cant tell you how many I have sat down with when I used to do this in person and say a 300k home with a 275k mortgage and in the drive way was a 60k SUV a 30k Honda and of course a motor home or boat as well.

Run rent comps hard.Exit cap rate: If you can hit, say, a 7% cap with $60k NOI (which would mean serious rent growth), your building could be worth ~$860k — still tight, but better.Financing: Is the loan interest-only during renovation?

Furthermore, I've yet to find a calculator where I could explore financing with additional seller carry back (say a note for 50K after the sale) using a fix and flip strategy.

etc.so, IF you want to this, i'd say as close to 'local' as possible, rather than thousands of miles away, and i'd go to the market in person and build a team in person and look at properties in person.  

But to say a brand new build 3/2 1500-2000 sqft home in the same neighborhood or area will be cheaper than an old 1500-2000 sqft home is misleading at best and as you can see from the response above going to bring false hope to people.

All i will say, as you are on this journey take your time and make sure to use your Disposition agent.

Let’s say a basement costs you an extra $25–30k but bumps your resale value by $40–50k because it matches buyer expectations — that’s worth it.

IF you took 2million, invested it in fully paid for properties with say a modest 7% return, you would be around 150K/year. 

For example, say a 200 foot road with a Cul De Sac costs $100,000.