Since Friday the 13th I have e-mailed them each day and sent 4 or 5 texts.  

Scope included full demo, new electrical (PG&E panel), plumbing (6 baths), new roof, 5 kitchens, insulation, windows, and finishes.

Purchase price: $220,000 Sale price: $260,000 Contributors: Peter Vekselman Partner Driven and Patrick Curtis snagged this coastal property on 143rd Ave E for $220,000 and flipped it the same day for $260,000—no renovations needed!

All improvements were completed following California building code standards, with an emphasis on long-term durability and performance.The project included:Full interior demolition down to the framingComplete new electrical system with upgraded PG&E main panelNew plumbing across 6 bathroomsNew roof installationDouble insulation on all shared walls to reduce sound transferInstallation of 5 new kitchens, modern flooring, windows, doors, and finishesThis was a strategic value-add transformation of a distressed asset into a fully operational 5-door income property.

. §1.6694-1(e) and Circular 230).

To protect the 1031 status, they should hold the property for at least 1–2 years as an income-producing rental, report rental income on Schedule E, and document all activity properly.

Better still, automate the showing and get out of the overhead of meeting someone in person. 20y in R/E and I’ve run remote contactless showings for at least half of that and long before COVID made it a thing.

@Randy E. 

Quote from @Bob E.: Cleveland is an OK market but we have had better luck in other markets.  

Quote from @Randall E Collins: Only an idiot has payed or plans to pay some one how to teach them how to wholesale.