ThanksScammers identified so far just from watching BP podcasts:Clayton Morris and his wifeTom KrolWe should all add to the list.

@Brian Slater, You're right in identifying the consistent tax payer carry forward as a 1031 issue.  

1099 is one of the best ways to identify someone working for you is an independent contractor and not an employee. 

Absolutely, properly identifying the market and proper comps is key to establishing current rents and future rents.

You can identify the two highest retail price ranges, in greatest demand, per zip code where you can list the rehabbed property.You can use the Realtor to help you find deals and also use Wholesalers.

I'd like to identify a property, gain approval from a lender, and make an offer on the property.

I have identified a home here in Anchorage I want in need of massive remodel, and I would like to try and use your strategy with them (but slightly modified: I would pay them off in a lump sum after the remodel work is done and I can get conventional financing). 

My attention is now turned to identifying a local accountant with experience working with real estate investors, husband and wife LLC's, and solo 401k's.   

I created the following Letter of Interest (LOI) to send to roughly 10 buildings we have identified as opportunities in the North San Diego region.  

I think you should identify the deal first and then look for investors to finance you.