:)If she hasn’t pulled the trigger with the agent, you can still talk with her.

You are buying the house worth i.e. 120k and you are getting a 60k credit for taking the land, so you pay 60k at closing.I recommend everyone interested in the sub100 markets to spend a day in the shoes of a property manager in that area before pulling the trigger.

With this prepared, I reach out to the seller to let him know we had a new offer coming over and as soon as he could sign our offer, we'd pull the trigger on inspections and under 11 day closing from that Monday.

I'm ready to pull the trigger on this investment journey and want to make sure I don't blow it on the first house.

That doesn't mean to pull the trigger on a deal before you understand the downside as well as the upside, and it doesn't mean to make a deal just because you've invested your time in analyzing a deal and don't want that time to go to waste.

But I would imagine the 4 you have in the 5 year note would have a pre-payment penalty triggered if you did the refi.  

I have been talking to a few people that have had great success but until recently, it has been hard to pull the trigger. 

@Dave Foster thank you for your thoughts. are there any other strategies that be done to use 1031 funds but at the same time shielding the sale price from the county so as not to trigger a sharp re-valuation of taxes?

I have 16K saved right now so ready to pull the trigger on next property.

I also know we run the risk of triggering the due on sale clause if we try to quit claim the title to a LLC.