If you ever want to exchange ideas or discuss what types of properties you are looking for, I’d be happy to connect.Also, it’s fantastic that you enjoy bodybuilding and working on cars—strength training and cars are big passions of mine, too.

Basically, I was lied to but of course this all happened over a phone call. 

Of course a lot of gaming.  

Is it complex, YES, of course.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

Of course, they should be willing to still submit your offer!

For instance, at one point when I was working as a senior accountant in a property management firm, I was training a guy who was a CPA for 30+ years even though I was hired 2 months before him.I worked only in real estate accounting and financing and became CFO.

These are professionals with additional training and a stricter code of ethics.

100% agree.. especially with syndication once your money is in their account you have zero control.. your not on the checking account your relying on either sponsor prepped financial although some are audited which is better of course..

But it works out either way for the 1031 exchange.And of course, once you have completed your 1031 exchange you can always do a refinance and take cash out any time you want.