They provide no real protection at all for the borrower/contractor relationship.So, if your house had some plumbing work that was done, and your contractor did not pull permits and they did not have the city inspect the work, then when you go to sell the house you will get caught and they will tell you that they need to open the walls to inspect the plumbing and then closing the walls and repainting are on you.The draw process is way too easy, I've learned that it is sooooo worth paying your personal inspector like $100 to do a deep inspection. 

In hindsight, I was buying when house prices were stupid low, and I easily robbed myself of several million dollars worth of value by buying and growing so slowly.

Say my rental condo is worth 200k would 100k insurance be enough or would I need more?

I've heard about programs like Relaunch and Real Success, but I'm not sure if they're worth it.

If you purchased it for $100k and selling for $120k - it's not worth exchanging.

We all had to start somewhere and I remember back when I was a new investor too!

Remember, the time it takes for cash flow can vary based on location and property management.

Remember, it doesn't need to be Grant Cardone!

They are very worried about the subject to clause and I thought I remember the podcast mentioning insurance policies for this in case the mortgage company calls the loan due.

I don’t know if it would be worth it to do a 1031 after only a year unless you’re buying both properties for much less than their worth assuming 10% in selling costs (which might offfset any tax savings over just selling the contract) if the property goes from $100k to $110k by next year your taxable gain will already be zero after selling costs.if you plan to sell soon anyway  I think I’d lean towards just selling the contract and freeing up the money, saving loan and interest costs.