I liken it to the "cash value life insurance for retirement success" or "invest in crypto to become a quick easy millionaire" ideas. 

The success of that venture set the foundation for my career in real estate.

There might be some negotiation room for you to adjust the taking of proceeds so that you end up the the real estate (and deferred tax) in a 1031. 

There are people that do flipping in other states while they live in another state from the projects and they are successful, but they have built a team while doing it. 

Successful sales record.

Since it’s a new build, I was able to negotiate some great perks, like a 5.875% interest rate, no closing costs, a fridge, blinds, and even a backyard firepit.Pros:Good school districtLow interest rateMinimal CapEx and repairs (because it’s a new build)Low insuranceHigh-quality tenants (due to the school district and being a new build)Cons:Lots of new builds in the area, which could drive down prices and increase vacanciesThe Numbers:Price: $290KInterest Rate: 5.875%Down Payment: 25%Monthly Mortgage + Insurance + Taxes + HOA: $1,480 (I got really low insurance since it’s a new build and Alabama’s property taxes are low)Property Management: 10%Rent: $1,800 (this is under market because I wanted to rent it quickly—most units in the area were sitting vacant for 100+ days.

My goal is to establish mutually beneficial relationships that enhance both their careers and mine.I look forward to connecting with like-minded individuals and teams passionate about success in real estate.

Everyone wants to brag and spout off about how well they've done and which strategy is the yellow brick road to success.

Because the chances of successfully concluding a wholesale transaction when you lack experience, knowledge and capital are so infinitesimally small that you’d be better off playing the lottery.  

I wish you all the success and please don’t hesitate to reach out if I can ever assist or support you in any way.