It is a craft you must hone in on and perfect.

Primarily, the redemption periods and foreclosure process.On the other hand, I have had great results with well crafted lease with option to buy agreements.There are many things for you to consider.

Recently a HUD triplex came on the market, 45k, not in bad shape from the pictures, long gone before investors had an opportunity to bid on it.There are also HUD homes that come on somewhat regularly (once or twice a month in my target areas) that need little if any work, priced absurdly cheap, those always disappear before the investor period.An idea you have probably thought of would be to use an FHA loan with a low down payment to finance a new home, and use some of your cash to finance down payment for rental properties.I would recommend Jeff Craft, CPA is my recommendation, very real estate savvy, an investor himself.Anything I can help you with, hit me up.BTW.

I’m about to have my first rental property (my first home purchase) and I am fortunate to be in a situation where I have a place for my family and I to stay if needed.I’m interested in learning the craft on a part time basis.

Appreciate the input  some  good  is  coming out of  this  as  I  get to sharpen  my tools  in the craft of  real estate.

To summarize, it sounds like even though BoA is able to provide a better interest rate on the surface, my best option is likely to continue working with my investor friendly broker to craft a loan that fits my needs. 

I like that you "thinking outside the casket" (box).You would not be the first person for whom it occurred to solicit probate attorneys or the other businesses.Before you put yourself out there, I suggest that you understand your craft and how you add value.

This was a good thread as I now have one more thing I need to evaluate when I finally move to properties outside my home state, like limitation with crafts and trades, who can do what, etc. 

Obviously, within these rules there a lot of specifics that can be crafted to your specific situation so it is important to make sure that there is coordination of your accounting professionals with the QI  handling your exchange.But the most beautiful thing about 1031 exchanges is that you don't have to change your behavior of buy - sell - buy in the least to take full advantage of the powerful tax savings in a 1031 exchange.That's your first look Welcome to the deep but very refreshing and rewarding end of the pool!

That said, I would carefully craft your investing criteria.