And you just discovered one reason some people use the auction method to sell property.

This would also be the preferred method if they paid less than $200k for the property as all those gains are tax free now but will be taxable after 2 years as a rental. 

I have the biggest respect for anybody that can help me to get a step closer to my goal, any suggestion or idea will be very welcome. 

As a newer investor, you can take the proceeds of your NOI to reinvest, and continue to grow your operations.But.....If this was the only method there would be no successful RE investors in Los Angeles, San Francisco and New York; which obviously isn't true.

This method can work with experienced investors, whom have capital to tie up for long periods of time.4.

Most conventional loans take 30-45 days, because of bureaucracy and legislated steps, see if they can move faster if you submit your docs ahead of time and just give them your current pay stubs when you are ready. 

Is the BRRRR method applicable?

And in general, friends, family, co-workers don't like if one of their peers takes a step above their present status and will try to pull the back down to the same level. 

I think you need to check the DBA database in you state and the federal one so you are not stepping on anyone's toes, also check for copyrights to that name through the federal government, and lastly, I think that the new marketing for housing with be with words like nysinc....the millennials will love it.

They have a strong deterrent effect partially because there aren't many good legal methods that work reliably enough for attorneys to come after assets secured in these structures.