Quote from @Sean Graham: Quote from @Michael Plaks: Thank you to @Bernard Reisz for correcting me (again). 

Based on the above is my understanding correct and the 45 day identification period and 180 replacement property purchase period (which includes the 45 days) both extended?

However, you are correct, their CoC returns will never make you rich in the near future.

@Michael Carbonare: 100% correct with the caveat of you shouldn't just jump in without some understanding of your investment, that is just irresponsible.

Recommendations for you would be to keep super meticulous records of all the costs you’re putting into the property, so your tax pro can make sure you’re capturing everything 1) correctly and 2) in the most tax advantaged way. 

.: In my (non lawyer) experience John is correct here.

Good luck in your journey, you are on the correct path. 

I have started making videos of the current flip I'm working on, but I know very little about how to format the video correctly to upload it to YouTube.

Correct.

The Norada Capital promissory notes do offer a high rate of return (interest), but I would not classify them as "high risk" because of the higher interest rates.To correct your comment, they ARE backed by hard assets and collateral.