I also recommend that you get familiar with your title company and their procedures.

You'll do better as a wholesaler if you understand the basics of real estate procedures for your area.

Ads have only been up for a couple weeks, but I haven't had any interest.I suppose that's OK since it's a niche - medical/ dental office.

Since the house was built prior to 1978, you will have to have certain procedures in place to eliminate the old paint chips.

They are usually very helpful in outlining the specific local nuances and procedures for the entire eviction process.

Should I treat my roommate like a tenant and go through the same procedure in acquiring a roommate as I would a tenant (go through tenant screening, application, have tenant sign a 1 year lease, etc.)?

But to call it tax evasion is false and reckless and exposes a lack of understanding of the specific statutes and subsequent decades of case law in sec 1031, Rev procedure 2000-37 (the safe harbor reverse exchange), rev procedure 2002-22 (Tenants in Common syndications), Rev procedure 2004-33 and 86 (Delaware statutory trust), and all of the various regulatory guidances we have for using 1031 exchanges in conjunction with personal property, vacation property, primary residences, retirement, and estate planning etc.The 1031 has for many decades been the  method of deferring tax on the sale of investment real estate. 

Thanks Kristine,I will call them in the morning, I was hoping it was going to be a one stop and done procedure, and I have a free free day tomorrow.Oh we'll, thanks again!

Yes, you need to know how to assign and double close and the procedures of each, but those can be easily learned after doing them a time or two and then at that point its all about how to find deals and how to find buyers.

I am looking to learn as much as possible about real estate investment procedures and all of the tricks of the trade.