The best way to position yourself for a successful 1031 exchange is to be as proactive as you can when finding your replacement property.

thank you all for the positive welcoming!

It's important to make sure you work with a reputable one that multiple people have had positive experiences with.

It also depends on the situation sometimes a HELOC is warranted for short term financial needs so long as you have a plan to get back in the same or better financial position afterwards and the "means," and "will," to carry out this financial or mortgage plan- HELOC's are typically full documentation qualifying loans so you'll need actual income to qualify whether it be from pension, insurance, rental's, etc that are all fully documented on taxes, W2's, 1099 forms, etc.

So it's possible that the other insurers just don't want to insure your house for some reason and their way of telling you that is to give you a crazy high quote.A body of mine that owns a large portfolio is insured through Vermont Mutual or something like that.

When you look at job growth and population growth, it looks positive to me.

Next, as stated above, a DSCR loan cannot be in 2nd lien position.

With your analytical mindset and dedication, you’re well-positioned for success in real estate.

Quote from @Ryan Konen: @Chris Seveney I've lost a job at company that was morally challenged when I spoke up they found reasons to dissolve my position.

i didn't even know auctions gave opportunities to actually have access to properties beforehand.Given your line of work, i would say that you are uniquely positioned to work well in the outlined situation.