Target $1,500,000 SFR's My old buddy Clayton Morris lives in Portugal.

Was this from Morris Invest?

@Anthony Clayton, unfortunately you do not get a new depreciation clock simply by doing a 1031 exchange. 

we go back to the morris threads.. 

@Chris Clothier  well Clayton Morris comes to mind of the worse of the worse I have witnessed.those that give inferior product usually don't last to long.. so longevity in the market place is a key indicator.right now I see the TK  industry if we can call it that somewhat stressed.. to do full renovations like your company does you simply have to move up in asset class and price points.. you cannot do a full rehab on a 75k exit property MOST of the time.so something has to give.. 

.: Quote from @Scott Morris: Quote from @Sarah K.: Hi, I know this is a few years later, but I am looking into the the Wholesaling, Inc (The Land Sharks) course.

And revisited the Rich Dad Poor dad in Amazon and found more books by Tom Wheelwright, Garrett Sutton, Morris Invest, Grant Cardone, Clint Coons, Mark Kohler, Dave Ramsey, Tai Lopez, Pustejovsky, Bigger Pockets etc.

the reality is rehab contractors that work on these types of properties are tough to manage .they need you to buy the materials they need draws every Friday.. the dont' show up they do mediocore work.. what the local flipper or turn key guy or gal has is their thumb on them.. all except Morris that is he is a train wreck by the post that I have seen.again just caution hiring out of state contractors and dream teams sells pod cast and books but in my experience it so far from reality..

take away is you bought a top end rental like Curt and @Chris Clothier recommend not a bottom end MOrris thing.. which none of us recommend.. contrats.. little recapture but appreciation is an important part of the equation and maybe now we can say markets are not flat like we used to say a few years back.. cash flow and appreciation.Nice one.

I'm looking into it now as well@Solomon Morris - Yeah I saw the draw of REI as well.