Hi everyone, I'm looking to buy my first long term investment property and am not sure whether I'm approaching my research for rental comps correctly.

There is a LOT that needs to be fixed/adjusted as things have not been correct for a while.

Correct, selling but not putting proceeds into a new 1031.

I had a state corrections officer as a tenant who paid 2-3 weeks late virtually every month for over 3 years.

If you are able, and I say IF you can find off market properties and you present your self to the seller as a wholesaler, that may be diffrent, but then you run into marketing real estate with out a license which if I understand correctly it's a criminal offense in nys.

@Beck DeYoung you are correct.

However, Mario dropped us of at main checkin which was not correct for BPCon.  

Eventually might help with tax if planned correctly.

This would ruin any of our chances to take advantage of a 'first-time home buyer' program, correct? 

These studies can be pretty complex, and a third-party expert will ensure it’s done correctly and that you maximize your depreciation.