I do understand there are many reasons why they go to the extreme (both self serving and otherwise), but does anyone have good experience in finding a lawyer who is on your side and tries to acquire the property, instead of getting it redeemed?

Originally, I Was going to form a Single member with just me as the owner, but I am bringing my brother in because I want the LLC to fill a tax return so that few years from now it can help if i want to sale the properties or buy more properties as i will be acquiring more.

Let's say you'd like to acquire 12 units in the next 5 years.

The other is an additional basis acquired in the exchange - IF you did acquire additional basis.Parts of the new basis might be eligible for bonus depreciation, but it's a big "depends."

I currently have one rental property in Hillsboro, OR and I am acquiring another property to gain a second rental property in Aloha, OR.

One strategy, especially favored by corporations: buy up their debt in a high market, acquire assets when prices drop.

Also, we are unable to acquire title insurance until after the redemption period. 

It was good in the sense that it got the first deal out of the way and now with a newly acquired HELOC from my primary home in SB and cash flow from the rental and from our ADU - we're just analyzing deals that make sense.DM and happy to grab lunch.

You can refi your FHA and use your FHA to acquire again, should you have enough equity in the first property.

I intend to use my VA loan to acquire my first couple properties and eventually I would like to move to the BRRRR strategy.