**Location**: Identify specific neighborhoods, cities, or regions.

That kind of location tends to age well over time and usually performs better than average.Now, if you do decide to sell, a 1031 exchange could defer your capital gains taxes, but you’ll need to identify new properties quickly, and it sounds like inventory is tight where you’re looking.

I've identified a property that is close to me in Pennsylvania and it's decent price but it's not cheap and requires some renos. 

Identify an area you like and study it.  

Hello Chad,Yes, you can identify the replacement property before selling your existing property.

The appraisal will typically identify all the same comps as a full appraisal.  

We developed a 5-bed, 5.5-bath luxury rental on the new parcel, which leased for $2,750/month with strong tenant demand.

I'm exploring my first real estate investment and have identified a potential opportunity with my parents' home, which has a remaining mortgage balance of approximately $64,000.

I'll send you my neighborhood grade map though to help identify different areas.

Let’s be clear: Tulum still works, especially in premium niches like luxury villas and boutique developments.