Ignorance IS a defense in residential, and one a party can file a class action lawsuit on because that's much of what just happened nationally.

As I see it in the current market, STR is now a way to get a really good, appreciating asset to pay for itself, not a way to produce a meaningful amount of cash flow after all expenses. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

In other words, there are certain parameters you have to be within when identifying replacements, so if a deal goes south for some reason, after filing the papers that identified that property, you might lose the opportunity to take a 1031 at all.

Hey David, Has an NOD been filed yet?

Other distractions include non income-producing activities - aka any distraction pulling you to do something other than speaking with and following up with people.How can I prepare myself?

You can go to the FTC and file a complaint.

I just don't want to go through the hassle of updating documents, filing a statement of info, etc.

"those who filed claims through the Mt.

During one business deal I had 3 different agents in their office taking over the file because of their employee turn over rate.