I provided them with the documents and we quickly discovered that the minimum rental term in this neighborhood was 6 months.

Interestingly, these are also the qualities found in those who pursue the thrill of flying—be it through powered paragliding, ultralights, or fixed-wing gliders.I’ve discovered that my passion for the skies and my real estate investment journey share more in common than one might think.

To confirm, the idea is that the owner would exchange proceeds from the home sale,  for fractional ownership in an REIT institutional grade property with an intermediary (1031 portion).  

A DST is a hands-off, institutional grade real estate investment (apartments, self storage, commercial, medical office, etc), that allows the investor the option to diversify into multiple markets around the country.

Material amounts discovered in due diligence is, in my mind, NOT considered re-trading, nor frowned upon.  

Yes, just discovered this but I appreciate your helpful reply so quickly.

A DST is 1031 eligible  hands-off, institutional grade real estate investment (apartments, self storage, commercial, medical office, etc), that allows the investor the option to diversify into multiple markets around the country.

They discovered that we feel a loss twice as hard as we enjoy a gain.

Wholesaling in SoCal can be tough....i haven't found the competition factor a set-back yet..if your really out in the streets, knocking on doors, at your court houses, county buildings consistently you find there are not as many wholesalers as you may think actively wholesaling.....there are quiet a bit of people talking and wanting to get in...i use the county buildings and the court houses for my leads...there are some really great untapped resources and tons of different types of leads you can get from those two places...and of course I have not discovered anything brand new...im just realizing the sucess is in the fight and how hard you want it...when i found out about these two sources i started to pull data from them and let me tell you it was overwhelming...but it was a gold mine...before i made enough money to pay someone to do this for me....i had to spend hours and hours and hours daily scrubbing data....finding address and owners names...etc...i have a system now and it runs smooth...i find some really great deals throughout LA County and Riverside County...I have 2 cash buyers that have bought all my deals...thats another important thing find real cash buyers...when i first started out i didnt have real buyers and i found out other wholesalers were acting as cash buyers just passing my deals on and on and it became a daisy chain leading to no where...Anyway i love wholesaling and i could type all day..if you want some creative ideas to find properties PM me....but dont give up...and don't let anyone discourage you about SoCal...its tough and it will literally make you cry....lol but its great place to start wholesaling...if your willing to put in the work...

@Joe Villeneuve I come from the "professional shops", the Institutional Private Equity and REIT industry, that's exactly how it's done when investments are evaluated, your Financials do not show any profit until all of your initially invested cash has been repaid by the Asset via Monthly, Quarterly, Annually distributions, or at the closing of Sale.