U take the Norada situation and the investors in those notes are livid that Norada would be doing a new project when their Notes were rolled to equity..

(And threatening the LP’s) but what adds salt on wound is every Facebook ad you see is that other sponsor touting a new training course or a new fund but won’t return a call or email from a current investor. 

Things such as hot water tanks, carpets had to be replaced in a few years, so I wound up depreciation some items more than once.I sold a rental last year for $430K that originally cost me $70K as an investment property.

Can it still qualify for 1031 because the rule is u have to live in it or rent it for 2 out of 5yrsSecond, if I buy a property, renovate it and sell within 3/4 months, can it qualify for 1031 because I heard u have to hold it for 1 yr.Is coop sale and exchange with purchase of single family home "like kind" of exchange?

Everyone has already pointed out your mistakes so I won't poor salt in your wound but will remind you of the other advice that in most cases, these jerks ARE licensed and you DO have recourse!

U cant use one set of numbers on all asset class's.. 

Can u financially support these places if another repair comes up till reserves are met.that is what I would ask myself.

Quote from @Alex U.: Most people know about the STR RE professional loophole.  

I recently moved to Puerto Rico from the U S.If you need a cracker-jack mortgage professional with 16 years in the bag, do give a call.

Just wanted to chime in since I did have some first hand knowledge and like everything paid training wise on BP there is a definite bias AGAINST and a thought process U can learn everything for free on BP and you should save your 9k and buy a 40k house in the mid west LOL.Lastly on the phone pitches and again to be as honest as I can be based on my experience.