However I'm receiving mixed reviews on it, which is why I'm hoping to get more insight on BP.

Additionally, the forth coming destress has yet to peak.

However, they will not receive any tax deferral through a 1031 exchange unless they buy one or more of the identified properties on their list. 

The last sections of Pasadena where you used to get "cheaper" homes at North West Pasadena (between Washington and Woodbury and Fairoaks and Lincoln) were homes used to be under $700k are now going for $900k as fixers and over a million when renovated or addition of sq ft!!

Under the laws of most states, when a corporate entity is dissolved, until a court appoints a receiver, the business and affairs of the entity shall be managed under the direction of the trustees of the entity’s assets to undertake the acts necessary or proper to liquidate the entity and wind up its affairs.In the context of LLCs most state laws permit the remaining members (or sole surviving member) of a limited liability company or, if the LLC has no remaining members, the personal representative, guardian, or other successor to the last remaining member of the LLC to wind up its affairs.The title company needs to do its research and not resort to the "you need to reinstate the LLC" position that many default to.

Additional costs can be applied in other scenarios but out of gate cash flow for me is based on PITI versus monthly Gross & Net. 

Additionally, consider the long-term prospects and market demand in your area to ensure the investment aligns with your financial goals and risk tolerance.

Recently, I have made the decision to wholeheartedly commit myself to this journey.My current plan is to invest in a multifamily home for house hacking in my local area or perhaps a single-family property with an unattached garage or basement that I can convert into an Additional Dwelling Unit .

In addition, being local would help me get my bearing the the real estate world.

My 1031 proceeds are half equity and half debt and I can not fund the debt component with any additional personal funds.