"Like kind" is defined as any real property that has been purchased with then intent of holding for productive use in business, trade or for investment. 

im willing to take months to learn every aspect to wholesaling  , it is something i would want to do , @Jim Cummingsas a newbie where is the best place to start ? 

Sounds like an interesting way in investing money as well as getting money for deals.Brandon Ingegneri: What would you define as over-leveraged?

Interested in all aspects of real estate investing (single family, multi family, long term holds, flips etc.)

The ADA defines an “employer” as any person who is: Engaged in an industry affecting commerce;Employs 15 or more full-time employees each work day;For at least 20 or more calendar weeks in the year.

Sounds like you have not defined your criteria for a buy and hold.

I am considering offering the seller a down payment plus payments for a defined period until the property is in a condition that the bank will approve the loan.

I would check out what areas are being defined as opportunity zones upstate.  

Fortunately for us, green card holders, foreigners married to US citizens and more are not defined by the IRS as non resident aliens. 

I am not looking for legal advice, I know the answer to my question in that aspect.