The condo I'm selling in CA could sell for approximately $600k, and I was thinking of rolling that into 2 condo/townhomes valued at about $250k each, then doing DST for the remaining around $100 for the 1031.

The defendants researched and located properties that were in the pre-foreclosure short sale process more:https://www.justice.gov/usao-edtx/pr/self-proclaimed-short-s...18 U.S.C. § 1344 – Bank Fraud18 U.S.C.

I think I was fortunate to find a roll outside of real estate to diversify my income across two different sectors of the economy. 

Generally they are not rolled into the loan, and it's more the level of fees (say the percentage) they charge rather than any "junk" fees or costs.

I'm looking at rolling over ~350k into the replacement property. 

Hi @Justin Snead, I would say just make sure wherever you take the pre-licensing class is IDFPR approved. 

I recently got pre-approved and am also on the hunt for my first investment property.

@Chris Seveney The types of leads I'm targeting are absentee owners, vacant properties, pre-foreclosures, tax delinquencies, and probates. 

I had 2 or 3 called.Now again keep in mind I had zero interest in holding these as rentals and I ONLY bought homes that had significant equity for me.. mainly all pre foreclosures..

Then, if or when you decide to sell, you’ll have valuable insights to apply as you roll those proceeds into your next investment property.