Some exchanger's exchange into a property, rent it out for several years, and then, AFTER CONSULTING with their tax advisor, convert that into their primary residence.  

It is about making it easy for a motivated seller to find YOU when they become motivated.Everyone just gets lost in the rabbit hole of DMM cold calling and all that jazz.If everyone just stopped, take a few steps back and for Pete's sake THINK, the answers are right in front of you.How many of you newbie wholesalers want to be a wholesaler and the first thing they do is drive for dollars, do door knocking, cold calling SMS, bandit signs, buy lists etc. etc.Have you established ANY credibility yet?

This is not tax advice and you should speak with your tax advisors. 

Check the LLC is legit and consult a tax advisor for tax details.

The most important thing to keep in mind is to first identify a strategy, choose a market that aligns with it and establish your Core 4.

Oak Cliff is also an area experiencing a lot of development and growth, but there are many well established neighborhoods in Oak Cliff with a lot of value already such as Kessler Park, Winnetka Heights, Wynnewood North, etc.

With strategic upgrades and modernization efforts, these properties can be transformed into sought-after residences, thereby increasing their value and rental potential.LOCATION, LOCATION, LOCATION – These Condos are often in prime locations in established neighborhoods, providing a sense of authenticity and charm that appeals to both residents and tourists.

However, I've also considered establishing an LLC, possibly in California.

I would highly recommend getting in contact with Anderson Business Advisors to help you work through all the above questions.

You're spot on that you need to walk a property yourself, especially when you're new and don't have a reliable team established.