In my experience, it’s all about networking with local contractors and being flexible with your plans to stay ahead of any issues that come up.Happy to exchange knowledge!

But not only that, when the time is right the 1031 exchange is also available to defer all gain from the appreciation and depreciation. 

I’m not an attorney or CPA, so I’m not giving legal or tax advice, but I’ve watched clients navigate 1031 exchanges by leveraging well-connected property managers and specialized lenders who understood the local quirks.

Down payment/ financing may be a moot point if your are foreign.  

A crypto exchange going bankrupt? 

If I was trying to break into the industry, I would approach a few small- to mid-level sponsors and ask if you could provide help to their organization in exchange for a mentorship.

I’ve personally helped folks navigate 1031 exchanges in Phoenix, rolling their gains from one property into something bigger and more strategically placed.

An agent of the taxpayer cannot act as a Qualified Intermediary and will disqualify the 1031 Exchange.

Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.

I was thinking it would be nice to start a small network group and possibly exchange some deals!