It is somewhat of a unique situation. 

I understand the unique accounting needs of real estate businesses and can help you track all your financials effectively.I am familiar with the best practices for classifying flips in QBO, whether they should be treated as short-term or long-term investments.

I have already selected and contacted a 1031 accommodator company.  

That is a very unique situation that no other contractor would ever offer you, so IMO, given your circumstances (assuming you are able and qualified financially and won’t be house poor) I would take your buddy up on the multi construction seminar.

Maybe there’s another strategy that might benefit our unique situation. 

The issue in Chicago is our unique 2-4 unit inventory that is still more approachable in price compared to other big city markets.

I’m also putting together my “dream” team and interviewing attorneys, title companies, lenders, real estate brokers, contractors and magicians so I’ll be fully prepared when the 100 postcards I send out to randomly selected people results in the 14 offers to sell their notes that represents the average 14% response rate to junk mailings. 

The Qualified Intermediary that you select to support the Exchange is important and price is just one of the factors to consider.Happy to make an unbiased recommendation if you’re looking for more options.

Hello,I’m reaching out regarding a unique listing: an 11,000 sq ft historic building located just one hour north of Atlanta in North Georgia.

On the other hand, if you can get a higher return on your investment property than the 7% you have on the mortgage or the mortgage interest rate on the investment property, then your money will be working harder for you in the investment property than paying off your primary residence.The choice is personal and unique to you.