Is landlord wanting out of the headaches related to investing in the property?

Establish your goals and objectives for real estate.

Here are some examples of the more common types of permissible and non-permissible expenses when a 1031 Exchange is involved: Permissible Selling Expenses and Closing Costs: Owner's title insurance premiums Escrow agent, settlement agent or closing attorney fees Real estate broker's commissions Finder fees or referral fees 1031 Exchange Qualified Intermediary fees Documentary transfer taxes Recording or filing fees Attorney fees and costs related to the disposition or acquisitionTax advisor fees related to the disposition or acquisition Non-Permissible Operating Expenses, Financing and Closing Costs: Financing or lender costs such as loan fees, loan points, appraisal fees, mortgage insurance premiums, lender's title insurance policy premiums, and other loan processing fees and costs Prorated Property taxes Prorated rents Insurance premium payments Security deposits Payoff of credit card balances Repairs and/or maintenance costs

Without looking I had already met and put together not just resources but business associates - people that not only help me to continue learning and growing but genuinely have an interest in my business.Going through the process of finding lenders I found some select lenders that provided (HELOC) or can provide the essentials of what I can rely on when it comes to acquiring my next loan.In hind sight it seemed relatively easy.

Also, don't be afraid to reach out via PM if you have any questions about anything related to San Diego REI.

Like borrowing from a relative (ok well sometimes they fault but still..) or friend.Getting to know the person first before jumping in to do business with them, especially handing over money of that sum to acquire a loan in my opinion is doing due diligence for protection.

This is an odd market as rents often do not increase much in nicer areas and some relatively bad areas can get very good section 8 rents.

There may also be some good inventory hiding in older areas of Fort Myers (Between McGregor and US41) and its not uncommon for some single family homes in that area to have income producing apartments or guest houses.Remember, as you are a finance buyer, you have a bit less leverage with sellers than cash buyers do, so you'll want your offers to be relatively strong in other areas (if you are asking for concessions you are likely not to get an accepted offer on an income producer).

Also, it's a little gray ethically, because agents aren't supposed to be paid for real estate related services except by their broker.If you want a bird dog, try talking to a wholesaler ... ask them to send deals your way that they don't want, or ask them if they know someone.  

Long story short, my Realtor really understood my long term objectives & had the property we bought on our "go see" list.