The sellers  were uncomfortable doing that for an individual.

I was interested in investing in a market like Orlando : Median Sales Price: $115,000Median Rent Per Month: $1050Median Household Income: $42,418Population: 255,4831-Year Job Growth Rate: 4.6%1-Year Appreciation Rate: 12.6%3-Year Appreciation Rate: 38.4%Here comes the catch, I could not afford or have the time to be traveling back and forth from California to Florida routinely to manage the property, etc.

If you have a busy 9-5 routine but have the money to get started and don't have enough time, turnkey companies provide some of the best resources to scale your portfolio.

PO BOX would be a hassle, home address makes my wife a little uncomfortable.

Buyers feel uncomfortable talking about the home with the seller there, so leave during showings.

I know lots of investors that routinely buy at the foreclosure auctions, most successfully.

Hi @Severin Sadjina When it comes to Austria I'm uncomfortable with the strong legal situation the tenants find themselves in, with laws and regulations slanted towards them, as well as a very active national tenants association (Mietervereinigung) that will take landlords to court.

Selling expenses are permissible 1031 Exchange expenses, which means that net proceeds from the sale of the Relinquished Property can be used to pay routine selling/purchase expenses such as real estate agents commissions, escrow closing fees/attorney closing fees, title insurance costs for owners policies (not lenders policies), documentary transfer taxes, recording fees, 1031 Exchange fees, etc.Lender related charges and operating expenses are not permissible 1031 Exchange expenses, which means that if net proceeds from the sale of the Relinquished Property are used to pay for any lender related charges such as loan pay off fees or loan origination fees/points or operating expenses such as prorated rents, prorated property taxes, HOA fees, etc., the amounts used toward these items will be considered taxable boot.Those items that will result in taxable boot can be netted together and the client can contribute out-of-pocket funds to cover the net difference in order to prevent the small amount of taxable boot.Many clients choose not to add cash and merely accept the fact that they will have a small amount of taxable boot, but for those who wish to avoid any tax consequences, they should review the estimated closing statement with their tax advisor and Qualified Intermediary prior to closing.

I listen to your podcast routinely. 

I've learned along the way to get comfortable being uncomfortable.