After looking into this a bit it seems like there is a rule of purchasing a "like" property to what was held?

If the state has held a Certificate of Sale less than three years from the date of sale by the county tax collection official, the Certificate will be assigned to the purchaser.

We sold a property that we'd held for about 5 years and will use the funds to pay down some debt and hunt for the next 1-3 properties. 

Thank you for all of the responses.To clarify - if a tenant does not have renter's insurance with liability, if their pet hurt someone, the landlord could be held responsible?

I can also see the commingling of funds issues having funds held or owned by a cell in a master account, this could defeat the purpose of the liability protection between the cells and the master.

To me that means an account owned by a trust and that would be an unusual account in which to hold security deposits.When I had a SF property manager, they typically held the security deposits. 

You may also be able to connect with a local hard money lender to fund your rehab.For my clients who have exhausted those options, I recommend pursuing a refinance-rehab loan that could give you some cash-out to get started, while also funding your whole budget to be held in escrow.

The issue is that the relinquished property in Boston is held in our partnership LLC, and in order to satisfy the 1031 Exchange requirements, we *MUST* close and take title under the same name on both the buy & sell side.

this would seem odd to me, I was hoping that one LLC held somewhere would allow for investing across the US so I was interested as to which State would be the most beneficial tax wise really. thank you for taking the time to respond.

I am very pleased with my NW contact though; She answers her phone every time or calls me back right away, helped me find contractors and get bids, helped me find property managers, help me understand their '212 Loans' program, so I feel like my hand is being held through the whole cycle.