Quote from @Xavien Rafael: Year 1: Building the FoundationThis year is all about setting up your structure, building your business credit, and laying the groundwork for funding and scaling.1.Open Your LLC:•File your first LLC and elect to file as an S-Corp (if applicable to your tax situation).

This should be on file, but not in lease.Tenant interviews should be a part of all due diligence when buying with tenants in place.  

I just don't want to go through the hassle of updating documents, filing a statement of info, etc.

I am currently in the process of filing lawsuits against all of these tenants on behalf of my clients, and I am hoping we can add criminal charges onto the civil suits.

Hey David, Has an NOD been filed yet?

You can go to the FTC and file a complaint.

With e-filing systems in most county courts, you can DIY file and complete evictions relatively easily, especially if tenant doesn't show up.

I have also looked through my files of non-buys: scared off on inspection, fell apart in negotiations, numbers didn't quite crunch. 

In other words, there are certain parameters you have to be within when identifying replacements, so if a deal goes south for some reason, after filing the papers that identified that property, you might lose the opportunity to take a 1031 at all.

- Don't click links or files if you're not expecting it or if you feel pressured to do it.