No, you can manage multiple markets in one account.

So your profit should be tax deferred anyway.It should be the same thing for your exit - no need to do a 1031. 

It requires no money upfront, so you will join thousands of others trying to do the same in your market.

After I was informed this, I pushed the wholesaler hard as their was no contingencies and I was pushed for a 10 day close.

No one has a "crystal ball" to time the market perfectly. 

If no agreement is reached, the project becomes ineligible for SB-423.

They have no 2-factor authentication and don't email you to confirm that you want to update your login, both of which I'd consider industry standard these days.

I'd be a hard no in their position.

Sometimes, unseen issues (like major repairs) end up costing more than the discount you negotiated.Final Thoughts•If there are no major rental restrictions, and the numbers work based on rental comps, this could be a great first investment.

(Remember - No such thing as a dumb question)And don't be in a rush like most young wanna-be investors...I can't tell you how many times I've seen/heard "I want to have 10 properties within 5 years and be making $100k per year".