And if so, is this a good way to go about getting investment properties without having to live in a property for an extended period of time?

Does the same apply for leases coming up on option periods with rent increases?

I can prove the consistency income of that job for that period.

The refinance will hurt my existing cashflow at this group of properties but it’ll actually shorten my payoff period from 23 years to 20 years due to the change in loan product. 

He stated you have to pay for the Deal Automator after the 3 month free period ends. 

At least in NJ and I think its similar around the country, there is a 2yr Redemption Period whereupon the owner can "redeem" the tax certificate by paying the holder, i.e. the person who bought the 'tax sale' (I forgot the technical name), the required principal and interest. 

But what can I expect in closing costs (no points) and reserves to cover the period before its leased up?

@Joe PartingtonWell, assuming those numbers are solid and there aren't other issues with it or with the market -- AND if you can acquire it for 5% down -- your cash-on-cash is ridiculously good for (33%) and your payback period (2.4 years) is ridiculously fast. 

The thing is initial cash flow has little correlation with actual cash flow over the hold period.  

My question is whether it's still possible to open the 1031 exchange account with a QI after the due diligence period of the relinquished property (but well before the closing date).