MTR Presentation: https://docs.google.com/presentation/d/1qCD_XIgmg-2BGGzsDbWq...4.

You can capture the potential tenants vital information and send them a lock box code so you do not have to be present.

I suggest learn everything about real estate, and get ready to pull the trigger whenever the opportunity is presented.

I've performed a few 1031's and had to pay initial fees. Came across a website deferally.com and they claim to be totally free. Has anyone used them? Would like to know. Thanks! 

Lastly, I am interested in focusing on condos rentals because I own a condo along with all the HOA details that are present in a condo community property.

I also have a one-page Mold Policy that explains how we will move forward if they insist mold is present or impacting their health.

Otherwise you would be giving you “partner” 1/2 your equity and 1/2 your deferred tax liability. 

If they did a 1031 exchange they will retaining a tax deferred status.

It's essential to present your case with detailed financials and the property's potential ARV to increase your chances of securing a favorable loan.

@Timothy Lin  The idea of the 1031 exchange benefit is to allow investors to use the capital gains tax they would otherwise have to pay when selling their investment property, And keep the profit from the deferred tax in their pocket.You get to indefinitely defer it into any type of real estate that that might meet your needs better.