You agreed to the house as is not one with a (subsequently) collapsed roof.

Many subsequently decide to use a professional manager because (1) they lack the time or interest to do an acceptable job or (2) accumulate enough properties that professional management is the only solution.

The market has rallied 40% since its last 'fair valuation' in 2013 and so appreciation has been solid.Seems a good market to invest if price rally continues for several more years, though if COVID/subsequent effects lead to peak of cycle, may potentially see some correction.

The high sale prices and subsequent mortgage payments kill the net profits. 

Yes that was when I first rolled out my 5 year true NON RECOURSE loan program for non owner occ's... we did quite a few for Aarons clients in the subsequent months.

Primarily due to rate hikes (compounded by the lack of an adequate exit strategy) and subsequent market change but also exceeding our preliminary budget.

It would allow you to sell the existing property and subsequently reinvest into one or more Replacement Properties while deferring the payment of your depreciation recapture and capital gain taxes.

You could see taxes of up to 40% on your flip projects.1031 exchanges are used to sell property that it has been your intent to hold for productive use and subsequently purchase property that it is your intent to also hold for productive use.  

I called back Marketplace to advise them of the fact and was subsequently told that they double checked and saw that a security deposit was sent, but they did not know where it went.

I would be in charge of running the project, construction, all costs, I would float the project.Once the first unit is completed we would put financing on it and the proceeds would then fund subsequent phases, enabling us to progress through the project over a multi-year timeline, likely spanning 3-5 years.Estimated my construction cost would be 350,000 per building (pure cost no profits).