I post an ad on a few popular sites and magically a renter will apply?  

It doesn't just magically happen. 

They serviced them pre-covid, how will it magically become a collapse today? 

Finally, if you have a WY holding company that owns a Louisiana LLC with property (where charging orders are not the exclusive remedy), that Louisiana LLC does not magically gain an exclusive remedy protection.

Let's assume it magically appraises for $120k as they say....appraisals don't mean a thing if the neighborhood doesn't support it.

As I've come to find out, they aren't just going to magically appear because I want them to...hahaI've heard through the grapevine that a great way to find distressed properties is on the MLS, so I've arranged to meet up with a realtor this week who works with investors I just want to make sure I'm asking the right questions and insuring that my meeting isn't a waste of time for both of us1.

If you have the magic formula by all means, take it on.

And after the 1031 is complete have your accountant do his magic to make this disappear.Oh and buy a big bottle of tylenol in the meantime.

It's your perfect opportunity to meet other investors and discover the magical world of short-term and medium-term rentals.

However, many have a Mortgage/HELoC package they will offer on a primary residence, where the HELoC is 65%LTV combined with a small mortgage of 15% LTV to bring you to the 80%LTV magical threshold.3) A gift to you from a third-party (ie. your rich Uncle Ned).