Yes, he can purchase multiple properties of different sorts (single family home, commercial building, DST, Mineral Rights, etc.)One important thing to keep in mind: in order to defer 100% of the capital gains taxes, one would have to spend ALL the cash proceeds from the sale of the property and purchase equal to or greater than the net sales price.

It would be advisable for the potential purchaser to thoroughly investigate every aspect of the property prior to purchase, including, but not limited to, the location of the property, type of buildings, if any, on the property, determining what, if any, liens or encumbrances exist on the property, and any other facts which may be pertinent to the contemplated purchase.

We put them to the test with an office warehouse 3 building 40,000 sq ft syndication 2 years ago and they performed as they stated.When utilizing local lenders who keep the loan in their portfolio, you CAN negotiate on rate BUT I find it much better to pay 1/4 to 1/2 point above the absolute minimum and obtain these other advantages instead.  

We just did this as a seller on some of my new builds.. we sold 3 in the last few week and I negotiated commission on all of them.. a little different for us here in Oregon as these are new builds and folks ask for upgrades.. so like on one I said sure we will upgrade to Hardwood throughout but we are not paying a broker fee to your agent you will need to pay them.. well they passed on the hardwood and we agreed to pay their broker 1%. thats how it worked out.. in the higher priced markets its going to put buyers agents on the spot. because if sellers say we will pay 10k which is about 1% and buyers agents are used to getting double that they will have a hard time talking to their buyer who still thinks 10k is a big pay day and wont understand why the agent thinks they are getting shorted.. 

I'd also remind them of things to do to keep it cooler in the unit (open windows in the evening-if it is safe to do so, and early morning to let in cooler air and let how air out) and keep curtains or blinds closed to avoid sunlight coming into the unit (ie when sun is shining on that part of the building).

Note: Most people will argue that those companies listed above build less than subpar houses, but that is not the case. 

I love the value add in general because it helps your wealth-building potential and equity position. 

I am installing a security camera on the northwest corner of the garage to monitor the garage door and part of the common area where a criminal is most likely to approach the building.

I have a company that builds unique European-style cabins.

MLS and David Greene's own Bay Area team helped negotiate How did you finance this deal?