But the self doubt about making enough to pay overhead, personal bills and ultimately thriving still existed.You do have to learn the fundamentals and your craft.

Nothing wrong with that, but I think a land portfolio should be crafted with that in mind. 

My advice to you is to sit down with a local (from your state) asset protection attorney and have him craft your LLC, and tell you want state laws you need to follow to keep that legal shield between you and those who with to take your hard earned money. 

Either way, I enjoy crafting my own pro-formas because it lets me learn a bit more and understand where I can give and take based on my style.

Here's a book to buy, read and study: Robert J Ringer, 'Winning through Intimidation" and it's an intentiinally mistitled book in how not to be intimated by others.Whether you salvage something from this deal or not, it ought to motivate you to spend mire time crafting your deals, engineering their structure, drafting the documents and vetting your buyers.

Your lead sheet can be crafted to asks questions in a certain order and retain in your notes.

As I read your post the first thing that popped into my head was appraisal and then I read further and sa that was one of the options you came across.However marketing allows for you to get a lot more creative with your craft.

The property I have in mind is a solidly built, arts & crafts house with hardwood floors, a large lot, mature trees, and an excellent location near a major university.

I would encourage you to purchase properties with cash, learn the craft and later if you want use leverage.

Hi @Ismaray Jones,there's a lot of question marks in your post but here's the main things you want to be thinking about as you craft your strategy.1. 1031 exchanges are not allowable for "flips".