Once they exercise seller financing, the property is sold and all 1031 rules apply. 1031 has specific timelines.

It’s also worth verifying if Beaumont and Port Arthur have any specific contractor registration or insurance requirements, as local compliance can sometimes impact project timelines. 

It is also great to change small but specific terms and conditions due to it not being just one tenant anymore.

I also work with a team that helps cash buyers execute the BRRRR strategy or build rental portfolios, making it as seamless as possible for out-of-state investors.Best of luck, and let me know if you have any specific questions!

Find the REIA group for your areaAs Henry noted, post something specific for your area and tag your market.Get on Loopnet for your area and property type, reach out to the brokers that are listing deals and offer to take to coffee (they are often invested in deals too but you could ask for connections to other operators that might be getting started).And, again as Henry noted, each person you meet, ask them what other networking events they have attended that you can put on your list.

I focus on finding deals that meet specific criteria, and I always keep my underwriting conservative to make sure the numbers work even on a worst case scenario.Right now, my big goal is to land my first property, ideally 20+ units in Florida, and build a strong portfolio from there.

The book is already available on the website but I did not know that at the time! 

How specifically could they have done that?

Hi Benjamin, I'll shoot you a message and we can connect to talk specifics. 

I wouldn't even have known about this law had I not been on the Secretary OF State's website setting up a new LLC.