Here is one of the best 1031 hacks. Lots of people complain about the "timeline" risk.Start looking for a replacement property during the marketing process of the property that you are selling.The 45 day ID period onl...

The biggest being the leaky basement but I was able to persevere. 

What is the biggest hurdle you face right now?

North Texas is good, we do deals there and in Ohio, Cincinatti, Missouri, Michigan and my personal FAV Indy.My biggest suggestion is to screen the TEAM more than the area, make sure they can deliver a specific result.  

Honestly, the biggest challenge in your market won't be finding deals, it will be over regulation and lack of control over your property.

@Rajesh Sharma One of the biggest assetts of a good PM is if they are current with education and legislation.

@Dan Powers I’m one of the biggest  Philadelphia market advocatesyou will find on these forums but this is a terribly drafted article that provides no insight into the profitability of the re-sold properties.

My mind works that way too.In my experience, whenever I've truly wanted to learn a new business inside and out (especially if I didn't know anything about it to begin with) I've found that it's very difficult to completely cut out the less exciting aspects of the business and whittle everything down to a short list of bullet points.There are definitely a lot of "quick start" guides out there (and they're great for highlighting the biggest action steps at the outset), but there's still a lot of learning that needs to happen to fill in the gaps.

I remember when I completed my first ground-up new construction here in Chicago - FELT AMAZING to finish.Our biggest lessons learned were around getting the water service done early on because of our harsh winters and making sure we keep our designer in check! 

The biggest question is, what kind of real estate investor do you want to be moving forward: an active investor or a passive investor?