I would like to express my gratitude to Jack and Russel, who have been gracious with their time and provided valuable guidance related to the DC Metro area.My Strategy:- Invest in rental properties below $400K with a Cash on Cash return of over 6% and an ROI of 7%- Consider flipping opportunities for properties costing more than $500K with an ROI of 7% or higher- Prefer to stay in the DC metro area but i understand that its a tough market for investors.

Both provide better services and better rates than banks.The usual credit application for a mortgage will want to see 3 lines of credit at least 6 months old and preferably 12 months old.

My thoughts are you will sell it in the end for under $400KThis one might be an expensive lesson but if your lower priced flips have been working, focusing on that market might be preferable. 

I personally prefer the various options and tools and I especially liked the way it is laid out.

Preferably buy a duplex or even a fourplex and live in one unit while renting out the rest. 

If you're interested in executing the BRRRR strategy, there are a few books I'd highly recommend reading/listening to on audible(my preferred method)1.

My guess would be that as this GP is doing 1031 as a TIC into the deal he would be a little less likely to want a sale, which is a taxable capital event, and would like to keep his money invested and sheltered from taxation as long as possible which tends to fit with my investing style of long term/preferably forever investing.        

Some prefer you have an agent, others prefer that you don't have an agent.

Still looking to do my first note deal, as my preference is to create seller financed notes that I will hold.  

Prefer it actually vacant.