I love the idea of purchasing foreign investment property, but it is, how can I put it, so foreign of an idea to me :-) http://foreignpolicy.com/2016/02/10/brazil-roussef...http://www.forbes.com/sites/kenrapoza/2016/02/10/b...http://www.zerohedge.com/news/2015-02-04/ceo-brazi...http://www.zerohedge.com/news/2015-12-16/brazil-st...http://www.zerohedge.com/news/2016-01-27/brazils-e...Worst economic situation in 70 years, facing an impeachment, tons of issues going on down there. 

@Sean Gallagher,1. a 1031 always starts with the sale of a piece of investment real estate (type is not important just that it be investment and held for productive use in business trade or investment).2. 

Rich Man Poor Man and E-Myth are highly recommended on BP Podcast.  

Get tight with your go-to lender about what will happen if suddenly all your rental income shows up passing through your LLC showing up on Schedule C, and not Schedule E, if you use fannie/freddie conventional mortgage loans, and not hard money.

Or full price for trade into bigger deal. 

Maybe, just maybe, you don't have to pull permits if you are sourcing all those trades.

@Bob E., Neighborhood aint the best.

I'm honestly not in need currently, so information about any trade would be fine.

Skyler, great to e-meet you! 

I keep hearing about the miracle morning so after i finish reading the 80/20 principle and the E myth revisited ill have to pick it up along with the 4 hour work week and The millionaire investor.