@Luis Marcelino It looks like you have a leg up on most people starting out with investing.

"Site control" (sourcing a new deal under contract) is typically one leg of the stool--the others are capital and experience (such as rehab & project management, etc.). 

The numbers on this map are a mirror image of the Trulia crime maps - not much of a surprise here: rents are generally higher in Trulia green areas, then yellow, orange and red.

Or option B is to list your property at a price that ought to generate multiple offers that way you can move your your existing property quickly and lock in your up leg property with minimized risk. 

I don't know much about USDA loans as I am in California and not near USDA areas. but their guidelines should be posted online.Definitely talk to a lender before doing any leg work looking at homes so you know where you stand.

Just really skinny to do all the leg work all in an effort to avoid paying the taxes.Just my two cents. 

Don't forget the utilize the 70% percent rule and to subtract your rehab costs to determine your purchase price.Using independent wholesalers may give you the opportunity to find better priced deals, but you'll have to do much more leg work to qualify the leads as these groups will not hold your hand as much as the aforementioned. 

Her initial plan was to sell the farm, retire, and fold the LLC.However, I've convinced her to do a 1031 exchange and reinvest the profits into another property, out of state.A friend and myself are doing all of the leg work for this deal and are planning on putting in some cash of our own.We are in need of a CPA, Lawyer, and a 1031 Intermediary that can help us do the 1031 exchange, as well as advise us on how to properly split up the equity of the property we're going to buy.Additionally, if it makes sense for our goals, she is open to giving us equity in the LLC, as well.Thanks,Spencer

We love living in Orange County, but my fiancee only has a teaching contract for another year.  

Had to stand in place a while when we stood up to get the circulation to his legs again.