Most owners wont open their books unless you have a contract and can prove you can close the deal.

Austin was recently deemed one of the top "boomtowns" in the country based on a study by CoWorking Cafe ranking America's "boomtowns" based on population growth, GDP, employment rates, and other economic factorsFort Worth came in at No. 2 with 64 points, beating Austin in the report's ranking of top cities with a 500,000+ population.

I didnt study finance or realestate, so my expertise is in another field.

I literally had to get an UW to 3-way on a call with Freddie to prove that it was allowed to be omitted and the lender still said no even though Freddie said it was within the guidelines. 

Alongside my studies, I am deeply interested in starting a career in real estate.

And while the felony in 94 can be easily overlooked, the one in 2014 proves potential irresponsibility.

Before you know, 3 months of "studying" becomes 1 year, which becomes 3 years, and on and on.  

However, prove me wrong. 

Private money is so much easier to come by when you have a record to prove your abilities as an investor. 

Be mindful when you do the cost segregation study, the basis will be based on the carryover basis factoring in the deferred gain via 1031 exchange.