If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Most gurus have their clients journey end the moment they send them the money, they join a facebook group - have overseas VA;s moderate it and provide some old videos that get repurposed.Those who are new and thinking they are creative typically get crushed as they are gambling not investing.

They gambled, and lost.

You're smart for recognizing the importance of building relationships...very few wholesalers in my area understand this. 

(I recently saw an article in Forbes talking about the Bay Area’s shifting market) And if you aim to hold properties long term, keep your eyes on towns around the Bay that have had consistent rent growth.Here in my home market of Phoenix, I see investors branching out to places like Austin, Chicago, and even Omaha from what Ive heard because they recognize how trends can shift quickly.

The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Stay hyperlocal and get a good team in place locally so you can recognize good people when you find them. 

Unlike a foreclosure, a deed in lieu of foreclosure does not extinguish any of the liens and encumbrances affecting the property.Most courts recognize the execution of a deed in lieu of foreclosure in a transaction subsequent to the original mortgage transaction as a legitimate alternative to foreclosure proceedings.

Most companies would require this type of disclosure since its similar to what they are doingYes Chris I agree - I think if anything it's not illegal state-wide or federally, since commercial lending is NMLS-recognized.