The rest is luck: did it rain that weekend and did we have the right buyers walk through the door, to push the winning offer just the last bit.. you can't control that. 

Failing to budget correctly for repairs or not accounting for unexpected expenses can cause you to go over budget.

It can be challenging to collaborate with out-of-state buyers on fix-and-flip projects unless they are experienced and have a solid team of contractors.

The buyer would then refinance before the 2 years is up.

The beauty of a single family home is that the asset is a swiss army knife, and there are always buyers and sellers. 

They have $30,000 worth of arrears, and because they would be coming out of pocket if a buyer were to negotiate with them on price, price is pretty much non negotiable.

The buyer put $30,000 down.The $100,000 note is being serviced by a servicing company in Texas.7.25% Interest15 yearsPI $912.86The note is performing.

I found it harder and harder to find cashflowing LTRs for my out of state investor buyer clients.

The point isn’t whether he should quit because the odds are tough or because the majority might fail—it's about guiding and supporting those who are eager to learn, not discouraging them. 

Furthermore  once the 1031 intermediary get their cut and you also pay two sets of closing costs ( buyers now have to pay closing costs in some states ) as opposed to just one closing cost ( if not doing the 1031) it might be a “half a dozen vs 6 of the other “ scenario .Also one of the turn offs to the 1031 exchange is the interest rate will be much higher with todays rates especially since we would have to get an investment property loan which are higher than “ primary residence “ loans ..Will probably lower the rent asap ( have one more showing ) and then put it on the market .Thanks for the great advice Christian