A few on site managers. and few subcontractors for maintenance'.Dig deep into the clouds (vision) and the dirt (execution) and you'll step continually towards a fully integrated business.

The worst time to sell  and start a 1031 (a buyers market) is also the best time to buy and finish one.There's always going to be a challenge so it really just becomes a matter of focused execution. 

In this higher priced and competitive market the BRRRR strategy is very hard to execute unless you have HUGE AMOUNTS of cash readily available.  

The strategy should be based on your plan as the means to execute that plan.

The one catch is that I had to have the downpayment first, close on the deal, the execute the seller financed 2nd mortgage which would essentially reimburse me.A few things to watch out for, of course make sure the numbers work with essentially 100% financing. 

If the numbers are favourable then we execute the plan. 

At the time of execution why is that not a constructive sale? 

And oftentimes, the clients do not know what to look for so they end up sending me stuff that is basically irrelevant to the issue they are looking to resolve.At minimum, you need to look at the POA papers and see if it got properly executed.

If debt, you need to execute a promissory note which will state the interest rate to be paid (something you negotiate with the investor). 

The act states that, except for vacant or abandoned property, a Federally backed mortgage loan servicer is prohibited from initiating any foreclosure process, seeking a foreclosure judgment or order of sale, or executing a foreclosure-related eviction or foreclosure sale for at least a 60-day period that began on March 18, 2020.