so now you don't want to or have the funds to pay the sellers underlying and they don't have the money they were relying on you and now there home goes into foreclosure and their credit is trashed.. good possibily they come after you.I rescued a small company in Oregon that had about 35 of these.. thinking hey 200 month on the delta and we make 7k a month great until it is not and their end buyers started defaulting.. the sellers started filing complaints at the state it got really ugly really quick.. so for me to do sub too that's just a short term get control flip the property.. or you have the wherewhital to refi.. but if you sold to another you cant refi you would have to stroke a check..  

Using the money in the 1031 for the 20% down stroke on multiple properties.Would appreciate any help in this matter.Thanks in advance.

Different strokes for different folks.I'm handy with a weapon , deadly accurate, and have a nice collection of boom sticks.

I can see this working in low value areas... were you may be a wholesaler that needs to buy before you resell so your not selling RE without a license.. and your confident you can indeed resell. and you have the discipline to payoff you card as funds come back.I think this is also OK for high net work folks who can stroke a check if they like but use this as OPM.. with never a worry of paying it off at anytime.. 

He called it "Skip Tracing" and has built a team to trace and take the deal all the way to acquisition without any single stroke of the keyboard. 

If you were early you did fantastic, if you were in the middle you did good (which is where your approach would get you in) I would rather learn all the indicators of an emerging market (not just the broad strokes like population increase, supply/demand, job growth etc.

@Mark Poulton - With myself being new to real estate, I am learning more as quickly as possible, and finding that there are different strokes for different folks.Interesting article on the lease VS M2M - https://www.biggerpockets.com/renewsblog/2014/09/0...We have those that are strongly in favor of one, and those strongly in favor of the other, both with seemingly good reasons for the particular situation they may have found themselves with. 

For you its a slipped disk and heat stroke .

A few more additional strokes of the pen.A commercial loan to cover all 5 is nice.

Again different stroke for different folks, but it got me thinking an entire park sounded interesting.