Would it be best to use bank financing for the first purchase or should i look into hard money(13%) then bank for the cash out refi.These are just example figures to make round numbers im looking at properties of less cost/value.Im trying to figure out the best way for me to acquire deals but not having to tie my money up restricting me to move on to the next 

@Lewis Christman hey man, forgot to add you to the list, we are doing a round table discussion prior to the grand opening, been doing it for a few months and we try todo it at least once a month!

I aquire new houses and do remodels year round.

So for round numbers this should be your capital layout:100k purchase price.

And the last property or two they name will be a fractional TIC or DST which they will use to dump any funds left over if they can't close on one of their preferred properties or to round out the exchange.You've got plenty of time to get the 1031 guidance you need and get busy shopping if you want to do it this year. 

@Benjamin Benomar Welcome to BP and yes, listening to all the podcasts are GOLD as I have went through them twice and currently on my third round and always learn something new.

.- Many units are designed to both heat and cool allowing for year-round comfort.I hope help you my comment, or to anyone.

Also, some people have told me they pay the fee year round and some people told me they pay the fee when the property is rented and then pay the PM 1 month of rent when they find a new renter.

We have some properties round military bases up here in the high desert in Southern California, we give active military half off of their 1st month. 

However, I am open to a greater area than just Austin and would be willing to search anywhere between Austin and SA or north to Round Rock, etc.