They are all going to say they have things like SEO and lead capture but this is really just a marketing tool for them.

The 2 friends I know who are selling out haven't sold any...and I think it's due to deferred maintenance and overpriced properties.The properties I have so far are "C" properties and will never grow in value.

I appreciate the help.Vacancy is a is a proforma expense, and a tool for calculating and understanding your business when looking at actual vs. project net operating income. 

Make sure to use the tools on this site ensure your success.  

I also have two amazing mentors who have helped me with every step so if you can find someone who can help guide you then that is invaluable. 

Welcome to BP @Tracy KillianCheck out http://www.biggerpockets.com/real-estate-investingIt is a beginners guide to investing that is a useful tool as you get started.

With the investor, you might want to use some of the tools here on BP to lay out a professionally developed plan and show them that they could earn an attractive return if they were willing to carry the property.  

Third, yes, you are correct, you must trade equal or up in value based upon your net sale price (not profit, taxable gain or equity). 

@Sean Andersenwelcome to bigger pockets. its a great tool-we have some great local groups and meetings as well. 

A lot of invaluable information to absorb.