In my view they made the correct decision and if you spent significant time recovering this cost, well I think we all know what that is. 

This is correct. 

What would be the best ways to familiarize myself with construction process, while still maintaining my W-2 job? 

., for their clients.Many will say, "that's the investor's problem".They are correct because an investor should NOT rely anyone else to run their numbers.So, then what exactly makes them investor-friendly?

If the $700K sales price is not used correctly to acquire qualified real estate, the exchange could fail, triggering tax liability.Future exchanges will depend on the total value of the replacement property acquired, so entering syndications could limit flexibility.

Correct.

Whichever method of lead generation you decide on, aim to establish and maintain a relationship with prospective sellers. 

You don’t have to be aggressive about it but maintaining friendly contact can go a long way.

If your tenant has a credit score worth maintaining they will not want an uncollected judgment to be on it.  

If I read this correctly, this essentially changes the 2 of 5 rule to 2 of last 10?