@Jack Lee your probably analyzing properties incorrectly.You’re probably thinking you have to offer asking price – not true!

As for the "Lazy 1031 exchange" reference, a true 1031 exchange allows you to defer capital gains taxes by reinvesting proceeds from the sale into another similar property, but that doesn’t seem to apply here since you're looking at using a passive loss instead of a like-kind exchange.

Is this true?

My best deals weren't beautiful, but had good bones and upside potential.Run your numbers carefully.

This would be even more true of a house where the tenants really live in the property and spread-out big time.

Business credit is largely irrelevant until you get into the true CRE and commercial lending space, and even then, the key principles are weighted heavily.

Well that is not true.

. - there are numerous ways to achieve sweat equity from boring but true rehabs, to development, to various localized sophisticated options

Hi Nico,Thank you for your post, You mentioned that hiring a few virtual assistants (VAs) to cold call has been effective, and that text messaging is also performing decently,I specialize in identifying and revitalizing unique properties—those that are not typical, for example, I recently spotted a triangle-shaped property that has the potential to be transformed into something beautiful and valuable, either for living or resale, Could you please share your approach and any guidance you might have on the process of using virtual assistants (VAs) to cold call and the text messaging strategies that have been effective for you?

To maintain true independence, I think a strict subscription model is the better way to go.