The problem I see is the masses have not understood the advantage of purchasing a duplex.As far a Lennar is considered an entry level builder, I don't see that their neighborhoods in general have very good price appreciation, unless they are in a unique area where the location is exceptional.I think that prices are falling, and that you should be able to find a deal, the I-35 Corridor from  San Antonio to Austin is a very hot area.Here is an example of a property that was listed for $342,000, and the list price is down to $300,000, with a price drop of $20,000 on 7/29. 1261 Stone Rim Loop, Buda, Texas 78610, If you need any comps or info, just let me know, I'm a licensed Broker in Texas, and I have MLS access across the state.Also, I'm not sure if you know, but you can split your 1031 exchange and purchase multiple properties instead of just 1 property. 

But if you cross the line to recommending other investment products you're a broker/financial advisor, correct?

I can say in our case, it ticked me off tossing money away after getting information that was a one-size-fits-all that did not work as intended in my market, scripted coaching that again did not work for what we were looking to do and finally after getting a kiss off from the customer service group when I voiced my experience, I knew that we had wasted a good deal of money. 

I was able to have an educated conversation with the mortgage broker at the bank thanks to everything I've learned so far. 

Instead of recommendations and professional advice from her I found myself with more questions than answers often times, and her newness and lack of confidence left me feeling like I couldn't trust her.I think you're already 4 steps ahead of her as you're here asking the questions and are engaged on the BP forums which in my opinion, besides having a great broker with seasoned agents to learn from in person, is the MOST important thing.

I would suggest to speak with a broker or someone familiar with the process and have them review a full package and try to look for any possible red flags in advance. 

Thank you, MargaretChallenges: Finding a boutique local broker that is or has an agent that would be a mentor for investing/wholesaling hasn't panned out for me.

Kishl,If you want to talk to a seasoned expert in Dallas and DFW reach out to @Lucia RushtonLucia is a member here on the BP forum and has helped tons of my bank customers find a great investment property. 

It seems like you might be removing a paying customer simply due to a bankruptcy.

Customer calls at 8:30 pm.