If any of the proceeds touch the sellers hand the IRS sees it as taking profit and you will have to pay taxes on that portion.Net proceeds - Is the net sale, minus any Equity in home being sold.I find a lot of investors who want to purchase less than their reinvestment requirements will do the calculation to see what their tax burden would be if they purchase less than they sell.

Some people are okay with less others wouldn't touch it for that much.

I think I'm around 3%, and I do not want to touch that.

The overall trend of the 10-year treasury appears to be downward reflecting as well right now, with the most recent high of 4.8% on 1/13/2025 failing to touch the previous high of 4.98% on 10/19/2023 and now sharply falling to 4.62% today (1/24/2025).

NC has many licensing restrictions so many lenders won't touch the state or require the partnering LO or broker to be licenced there. 

It's a nice touch if you can line up crown molding to meet ceiling.

Quote from @Joseph Leahy: @Aaron Letzeiser I’ve been in touch with one of your agents for a quote for Landlord insurance.

Anything Lee touches turns to GOLD! 

And your #3 touches on Marketing. 

Get your CRM up and running and keep in contact with everyone with content about the market, keeping in touch with past clients - just asking them how their house is, let them know that you were thinking of them when you drove past the house,  ask them if they made any improvements, etc.