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I'm looking to buy a specific property using "subject to". if we get to a contract, we'll close it, get a warranty deed, a power of attorney from the seller to me for the property, and by snail mail will notify the seller's lender. so far so good?

The nature of jobs exert powerful pressure on the people doing them. 

Re just a 1031 exchange and through a brief phone conversation with an RE attorney, I was advised that I could take a percentage of the profit for personal use and be taxed on that portion, while leaving the rest in the 1031 for purchase of similar income property. 

A HELOC can be a very easy and powerful tool to invest in real estate as long as you are smart about it or you will loose your home and mess up your credit.  

In addition to market sense and people skills, REI also requires knowing what information is needed to determine feasibility, of acquisition, deal structuring, how and if to partner, building the right Power Team that wants to see you succeed and is not only in it because the/ she sees dollar signs.

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Again, don't start your conversations with the seller by asking them to carry a note.  

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Lots on manufacturers make power meters.