So I'm not quite a newbie but in no way an expert either.I learned of BP through my local REIA meeting.I'm trying to get started doing sandwich lease options as well (to fund more buy and hold rentals).Thanks!

Just jump in, do a lot of reading, and associate yourself with experts.

I've recently come to the conclusion that mold is the one of the biggest hustles in the inspection/home reno business b/c I see "mold remediation experts" charging tens of thousands of dollars to remove "mold" that isn't harmful to 97% of the population...but I realize that is an unpopular view.Anyways, about to close on a house that has a musty smell to the basement and likely some mold down there, so I'd be curious how you treat your properties with that issue - after buying them for a steal ;)

You have costs associated with well use you have to have it certified if your using it so check that also.. we have a property that i'm considering to sell, because we also have city water were required by State to close the well before new owner takes over.. 

OccupancyThe veteran must certify that he or she intends to personally occupy the property as his or her home.Reference:See section 5 of chapter 3 for details. 

I'm interested in this thread, but would like to ask an expert to provide additional input.

Hi, I have a question about the value of a property with large lot and would like to hear some inputs from the experts here:I am looking at a distressed property with large land (0.65 acres).

Dmitriy Fomichenko Solo 401k Expert from Anaheim, California

You have to have 10% down in certified funds and the rest within 30 days (or they keep your 10% down).

I'll ask @Bill Exeter to weigh in here as the expert, but this is my understanding:To defer ALL taxation with a 1031 exchange, you must purchase a property/properties that equal or exceed the sale price of your relinquished property.