In real estate, like most other industries, poor grammar and composition will absolutely harm your bottom line.

That being said, the thing that goes through my mind is how long will we continue to see this growth before a pullback occurs. 

Certainly a large percentage move since election in the long end of the curve and lowest rates might be gone but a lot is market psychology and expectations of higher inflation which might or might not occur.

For example, my dad spends 1-2 weeks a year logging income and expenses and doing the company books, rather than tracking transactions as they occur.

When you allow dogs you accept the fact that damage occurs and you simply build it into your rent.

Please correct me if I misread, but I just wanted to clarify that it would be unusual for this occur as many private and hard money lenders have a requirement that they are the first lien-holder on the property (in other words their lien is the first one recorded in the property records and above all else).

A good 1031 company carries insurance.Exeter 1031 is a good one and Bill is in Cali.Don't go by the cheapest 1031 company as they can cut corners that can harm you down the road.

I live in Dallas suburbs(Allen/Plano border) and I must say that a lot of people are trying to purchase these properties for remod, but the majority of property sales is occurring in the North for new builds/prop less than 10 years in age.  

Let's us technology to protect us not let it give harm to us!

If you think you will go FHA, Conventional, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.