From my experience, if I had started in real estate right after school, I would have very little network and little to no funds for the RE exam, CE classes, and networking registrations.

If a prop is 250k and you can refi at 70% LTV you want to get it at 175k minus rehab costs.

Im funding the project with a 10/1 Arm (3.65% !) 

Trying to save $$ so I can prepare emergency funds in case of any major repairs etc .

Now, Kiavi is telling me I need to bring $20,000 to the closing table** to make this work because they’re lending at 70% LTV.

Hey Don, what lender are you using to fund your construction loan?

I would caution against using security deposit funds during a tenancy if you can avoid it; you want all the funds available at move-out in case you need them. 

But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

You have a 200k equity buffer, so you should be able to get closer to 130k from a LTV perspective - but will your rent amount cover that new loan?

Some private lenders will step in and fund.