They will be the intermediary to collect the funds, get you paid, and send the notices (and handle the foreclosure) if needed.

This way the buyer can come to closing with all of the necessary funds to allow for a normal 1031.  

I have positive renters by the end of July 2024 but I do not have funds for the down payment to purchase at least two rental houses.

Explore financing options like­ FHA loans, VA loans, or conventional loans with low down payment require­ments.

If you can stomach low cash flow and focus on appreciation, you can get into better growth areas.

Does a lot of his work to cut down on costs and eventually went full time.You could also go the other way and pick up something full time during the summer and use those funds towards RE. 

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

going off of low sleep and answering forum posts is not a good recipe. 

Stabilization and Partial Funding.

Just be aware of the HOA fee future.Developers typically set the HOA fees as low as possible to get buyers in.Once they turn the HOA over to a Board made up of actual residents, it's not a question of if, only WHEN HOA fees will be raised to where they should be.This will adversely affect your cashflow, so you should plan for it.