Quote from @Olga Nadal: Here is the situation, we identified 3 properties for our 1031 with the idea of buying two and having a back up.

We don't compete, and lower priced neighborhoods still need that service.Everyone starts out with the idea that they are going to work to the highest moral standards, but when you are in the thick of it and you just don't have the cash to close and maybe 10k earnest money on the line, you may start to tell yourself it is legitimate to cancel the deal, after all you have that clause in the contract.

Once you're all moved out & settled in your new primary, you could always explore DSCR rental loan options to take capital out of the rental property if seen fit-- which would also remove the current loan from self encumbrance & free up your DTI.It's never a bad idea to hold onto assets in an appreciating market!

For brainstorming ideas, Miro is a good one.

I am an investor who is now entering the market in DFW, I can close deals quickly and I have proof of funds, I tried all the Facebook groups to find wholesalers in Indianapolis and I can't reach them, do you have an idea how to reach them?

I think the truth that your post brings is in the level of sophistication and market insights of the investors and investment sponsors that are prevalent on these forums, the amount of money we are talking about, and the general idea that real estate, even when directly owned, is passive in nature.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

Study up on warrantable vs non-warrantable condos.One idea I think for a fresh grad, is to find a great RV park operator. 

Electric, I have no idea…I don’t want to turn on the utilities, leave for the night and the place is either burned to the ground or flood.

Throw me some ideas here community and possible lenders if you have them.