Waiting will get you higher rates which will reduce your purchasing power for the same payment.

This, in turn, makes each investment a little safer because it reduces the effect that experiencing a loss will have on your wallet. 

I had one for a while....it does very little if anything for an investor - except of course, providing you with some knowledge - which you can get anyway.People seem to think that it gives you an advantage by cutting out the buyer's agent, and reducing the price by that 2.5%, but this is not always the case.If you do some searches on the forum you will find many posts on this....

Then ask: Can you reduce your rehab, can you get materials cheaper, do you need to pay down a credit card to pop your credit score up to get a refi, etc. ?

However, it does have the effect of reducing the passive loss balances you will be rolling forward by 10K. 

You’ll make more money doing less work and have one less stress/hassle in your life.

Section 8 had reduced her payments and then of course she stopped paying.

Later when you move to FL you can convert your rental to a personal residence.A few things that might help with closing your 1031 and reducing stress.  

But, the "complicated" part of the arrangement would be them holding up the end of the deal by paying on time, having insurance, and reducing liabilities the best they can.

Subsequently, reducing the profit split (50/50) between developer and investor.For example, food bought for the crew, daily expenses such as gas & labor paid for with cash (no receipt).