And if you were going to do such a thing then Delaware is the gold standard not Nevada.

Work really hard on research and understanding a hypothesis to "de risk" it before taking action4.

Originally posted by Wendell De Guzman:Yes Scott Anthony and Paul Zajic, you need to have the property under contract (either Purchase Contract or Option to Buy Contract) to be able to sell it...or you are a licensed real estate broker/agent and have a signed listing agreement.Thank you for pointing this out, very clear and to the point.

I have received a clean and clear judgment from the courts and was told that I could go to the Departamento de hacienda and have the property filed in my name.

In the 5 de Deciembre neighborhood and open to the surrounding areas.

@Paul De LucaBut I could still save up for a down payment on my 2nd property while still living there, no?

Quote from @Paul De Luca: Quote from @Noah Bennett: Hello everybody my name is Noah Bennett I am 20 years old and looking to get into the investing world and figured this would be the best place to start making friends and learning from people who are experienced.  

@Galen Herbst de Cortina, moving from Texas to California I had to anticipate and be understanding for the cost of living difference, however I was not ready for the dramatic difference I'd face in the Bay Area.

You may not 1031 into a REIT however there is a product similar to a TIC called a DST (Delaware Statutory Trust) that qualifies for 1031 treatment.  

Do I open my business in California, a state that is more friendly to small businesses like Nevada/Florida/Delaware or Indiana?