Balloon payments would not be allowed in any rural area identified as being underserved by institutional insured lenders.Notes may not be modified over the term except to extend the amortized period for the length of time beyond 6 months for the same period of any default.

We would temporarily move to the rental until we can identify a profitable investment property.

You need to also identify the way that the specific state you are planning on bidding in works.

thanks all for the tips, I've started the initial steps and identified several candidates.

I was suggesting going big for the training and support while learning the ropes, then after you identify what you will be specializing in or doing, find a home that suits that niche as Phillip suggests

For example, we've identified shopping for bath finishes and piecing design elements together from different stores as an incredible inefficient use of time, i.e., buying ceramic tile at Lowes because they have a $0.59 sale then going to HD for mosaic tile because they have the design we want all while continuing to source faucets and vanities at cabinets-to-go or ikea.

First identify what you will be doing.

Obviously you want to identify their motivation first but even after doing so, don't pretend to know what solution will be best for them.

First identify the problems.

I have identified a property to purchased that would complete the 1031 exchange.