You can also replace some or all of the old debt with new out-of-pocket cash if you like.  

I am an all out or all in person. 

I have a tenant (someone I already know) with an oral agreement to rent for two years. 

It certainly does not mean that any or all RE Investments are better or worse than any or all Note Investments.  

Are you saying that the 12k I would have wouldn't be enough for a downpayment...or all together? 

That's $600/yr, which could be inadequate depending on how soon your roof, HVAC, or windows need to be replaced, or other major repair is needed down the road.

If you are selling a SFR that has been depreciated as investment property and you exchange into agricultural property that has no buildings or structures (or very little) to depreciate, you will likely have to recapture some or all of your depreciation taken on the SFR. 

He has worked with real estate investors for years, but you can reach out to others (or all of them) on the list as well. 

It will always depend on the investor's experience level, proximity to their rentals, number of units, risk tolerance, availability, and/or desire to even deal with some or all of these duties.

That gives you the right to assign the contract to someone else and still have it be binding for the seller.You can collect your assignment fee at closing or get part up front (or all if it is small, say $500).