Account Closed on the example you gave in Paradise Valley with the $500 per door and getting $20,000 down with a $50,000 investment, are you acquiring the properties all cash for that or using the $50,000 as part of a down payment or option money and then taking title subject to so that you only have $50k invested?  

@Tony Marcelle I actually think divorce attorneys could be a potential source for acquiring deals.

I have a potential property that I am interested in acquiring that is cashflowing quite nicely.

I would love to discuss your strategy in more details and discuss risk/reward of the different options as far as acquiring property. 

I ran into an ol cogger ( which I am starting to get into ol cogger territory myself LOL) he spent 40 years acquiring in Indy and has 800 doors..

I believe in steady & stable growth and so my goal is acquiring one new property every year.That being said, it seems that inventory in our area like others is low and prices are getting up there.

Is there a vision that any others will become shareholders (or be granted grant options to acquire shares) in the company in the future?

So after the 1031, you book the newly acquired property, you'll have to take the depreciation figures, and prorate it, from the original property.

I've acquired 9 properties over the last 2 years and I'm looking to add number 10.  

To acquire funding, close on a house, and get a team together to start rehabbing it before the end of September.