Actually, my explanation isn't simplified at all.

Send me a PM if you want a better explanation of what I'm talking about.It's easy to pull the trigger when you know the deal's what you want and you know you have the means to execute.

@Josh LeMastersThank you for that extended explanation, I appreciate it.

Otherwise send them a letter asking for an explanation of the excessive charges.

You'll need to work with a 1031 agent for a full explanation and they will guide you through the process, but it sounds like the best solution for you overall.

Combining a reverse exchange with repositioning a portfolio geographically and taking advantage of combining sec 1031 with your primary residence exclusion - There's some awesomely savvy moves you're contemplating.  

And you can set up "wholesaling" as a Key Word Alert, together with other useful words such as the geographical location that you are hoping to start in.

The geographical conditions of the area must be stable in both economy and future prospects.Take a careful knowledge about the real estate details.

@Chris Simmons  thanks for that extensive explanation and your final ruling on the value of LLC's . 

Some have more stringent geographic restrictions than others.In general, lenders base the interest rate and loan amount to the Value Ratio on the particulars of the individual deal, with interest rates currently in the 12-14% range and 3 to 5 discount points for seasoned borrowers.Inexperienced borrowers will possibly pay more.