I have 10 water front lots on a trout river in WNC with mountain views, they are cleared. i have the site permit, i have the well and septic permits.

My 2 cents is right there with the other guy, get into something on your own first to test the waters and know what it’s like to actually buy and do some work.

We looker at few houses/Condo under $200k-$250k and saw few online in that range.

ABC kept the first two and half months of rent from the rental guarantee for tenant placement fees and utilities (water, electric).

Do not sign up for courses that cost you a lot of money.Go to talk to your bank to find out how much you are qualified to borrow and start running the numbers on what a rental in that price range would look like. 

First you need to learn to separate the following:Maintenance: usually things related to wear & tear or tenant damage.Repairs: usually broken items like doors & windows, caused by tenant or nature.Capital Improvements: usually expensive things that wear out: hot water tanks, furnaces, roofs, etc.The seller is correct that Repairs & Capital Improvement items should not be a factor for awhile (ALWAYS get your own inspection to confirm).

This can range from local real estate clubs all the way up to multifamily specific events such as the National Multi Housing Council’s annual meeting.

Coming out of the 1031 I'll have about 620k to invest which means I am looking in the 1.5 to 2 million range if it matters.

This was my first property, and while it's been a great learning experience, I made several mistakes along the way—ranging from choosing a realtor who was more focused on closing the deal than finding the right house, to having a poor inspection and overlooking issues hidden beneath the surface (literally).

Lot rent is $365 and includes water.