You might want to start investigating methods for locating off-market opportunities that appeal to you.

If you have passive losses or a step up in basis, a 1031 exchange or reverse may not make sense. 

I own an interior design and renovation service, so I'm ready to skip step one and go right to the distressed property.

With your construction background, you’re already a step ahead.

If so, are there any steps I need to take that would allow this to happen?

While many gurus glorify the strategies they’re selling through courses or books, methods like out of state investing aren’t easy and can put you in a tough financial spot if you’re not careful.

These steps can reveal potential issues upfront.You’re spot on about reserves; they’re critical for navigating situations like this.

One just uses the tried and true wholesaling methods and each geographical area will have its unique ways of doing this.With a lot of land deals starting with tax sales. this is common in CA AZ etc etc. currently I am funding deals in WA ID MT CO AZ TX FLA and then some other states.

Barron First off, congrats on locking down two contracts, big step forward!

Egress: Two methods of egress, typically a door and a window.Ceiling height: At least half of the room should have a ceiling height of 7 feet.