The effort to foreclose, the limits on rates, etc.Maybe a unicorn to find HML that will loan him the necessary money, but I doubt he will find it.  

Evaluate the situation to see if you could have done anything differently to mitigate the loss and implement changes to your processes, but know that this happens and hoepfully just not too close together. 

Being in the Army limits my ability to travel and explore markets firsthand.

That’s something I’m still fine-tuning as I explore new areas.As for scaling up, my focus right now is on leveraging tax-efficient strategies and building a system of limited liability companies (LLCs) to keep risk compartmentalized.

I even try to unsell them on the business by sharing my financial losses, litigation,  market shifts, permit purgatory, shady contractors,  clouded title issues,  paranormal activity, squatters, mold, etc.

The result could be limited, no rent growth or even rent decreases.

With the limited resources you have, you want the first investment to not only be a learning experience but to succeed.

The "Set it and forget it" mentality, I think, will limit your listing big time.I do all of the pricing across multiple listings. 

Note this election MUST be made in the year of the dispositions.2) 1031 - There's usually no tax on gains or losses when swapping property for similar property.

I singles out 3 routes, and due to funds limitations I can take only 1.1.