Any tips?

Pay the mortgage.

I post things for the general public to read for a deeper understanding not so much a reply to you

RISKSPrivate Letter Rulings There are three (3) Private Letter Rulings (“PLRs”) that address this 1031 Exchange structure, which are as follows: Private Letter Ruling Number 2014-08019Private Letter Ruling Number 2003-29021Private Letter Ruling Number 2002-51008PLRs can only be relied upon by the individual taxpayers that requested the PLRs.

When does the cash flow start? 

Seeing many parallels to "the community" here (you know, the ones who follow the biggest go-giver ever himself).

My vote is invest in other markets where the money makes sense and then take that profit to visit whenever you like. 

So, the borrower would probably need to begin with the expenditure of a $10,000 retainer for counsel, followed by another $10,000 after initial depositions .

I’ve been diving into the idea of investing in midterm rentals in Portsmouth, VA, and surrounding areas like New Port at Victory, Cavalier Manor, and Waterview.

When his followers came on here about a year ago and spammed these forums with cult-like nonsense posts, I tried to watch a few videos of his and realized right away that a lot of what he was saying is very questionable.