Writing them down turns your ideas into tangible objectives you can work toward.

Here is the how I would explain it to a kindergartner:The true power of a 1031 exchange is the ability for an investor to meet their investment objectives without losing equity to taxation.With more money they can buy larger, multiple, or more productive properties.What is the alternative?

Don’t forgot to look at all the ways properties make money: Appreciation (#1 way), equity gain through principle pay down, tax benefits, positive cash flow (never as much of a wealth-builder as appreciation is in good markets).

But now the borrower is being made to pay back a supposed loan, which came from them, plus interest and principle.

Any change in objective should be approved.

I was soooo obsessed with the gator method and basically for me it was the shiny object syndrome I guess, I went from so obsessed to just completely lost interest in it.

I would think that participating in a sub to deal as a principle poses an even higher risk.

You get as much objective information about them so that you can make an informed decision. 2.

That being said, I'll still hold onto a property if it cash flows $0/mo because I'm still getting principle paydown, appreciation (market + rental), depreciation/tax benefits.

If I were you I’d buy the investment properties while putting a little extra towards the principle on my primary mortgage each month.