@Cristal Ochoa @Leiah DotlichI will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

What was your backup plan on the Wrap, if the buyer stopped paying on the underlying mortgage? 

Will take some refining but that is the plan. 

I bought 6 unit property in Wildwood,NJ,in November 2024, doing rehab now,  should be done by May 2025I am planning to subdivide 6 unit building to 6 separate condos and sell fall 2026, , if there are any experts in 1031 that can help me?!

@Leeling Chew we require anyone over the age of 18 to fill out an application for the property even if they plan to just be an occupant. 

I would both buy a property to get your feet wet and at the same time make a plan to scale.  

We've also been riding the wave of low interest rates for years and now that rates have risen investors have to be a little more creative with their investment plans and take a longer term view of stabilizing the building to make it a nice cash flowing property.Where are we going to find more 2-4 unit properties?

I’m new to the community and I’m planning to start a Section 8 rental property business.

I would encourage you to learn the market you plan to invest in now and to continue to learn about the different methods of investing.

I don't think they verified that the tenant was planning on leaving either.