I started buying turnkeys in 2011 and have worked with them ever since.

@Reuben Royal - Before you head down this route and spend lots of time and money trying to wholesale pre-foreclosures, from our experience (almost 4 years) of trying to buy pre-foreclosures is that the owners either want to home to go into foreclosure (sounds crazy but true) or are so underwater that they can't do anything with it.We did everything from door knocking, mailing, etc and the only way we ever bought them was at auction.Also many states have strict laws regarding putting homes under contract that are in pre-foreclosure. 

And do what some of the elders do... don’t ever let an inspector inside.

Why are you differentiating "starting out"... as if it makes any difference...which it doesn't.Have you ever played poker? 

If you ever start buying properties in a name of an LLC, you'll separate bank accounts for each of your LLC's. 

My relentless drive to self educate has been going strong ever since.

Thanks for your input and sorry for the late reply, i've been working a good amount while also working on my wholesaling marketing. and I've been more busy than ever!

Hs anyone ever done a 1031 like this, is it even possible?

If anyone ever wants to be added to that mailing list just contact me.In the market report last Sunday I found out that the Wichita area as a whole actually depreciated in value when compared to this time last year by 0.72 %.

You do get to continue the depreciation on that basis and if you purchase more than what you sell you can add that as additional depreciable basis.But if you ever sell without a 1031 or dying and you will have to recapture all depreciation throughout the 1031s you've done.