@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).

@Isaiah J AragonMy belief and opinion is that if you buy cash flowing rental property in solid neighborhoods, that the inflationary period were about to hit will only increase rents and home values over the long term.

Capital improvements include expenses for improvement to the property, such as a new roof, new siding or major renovations.Capital improvements for residential property are deductible over a 27.5-year period; Ordinary repairs required to maintain the property in good condition, such as painting, fixing leaks and replacing broken windows, are deductible in the year they are paid. 

During this time I have never gotten more than $7.00 for a week and a half period, usually it’s about $5.00.

If the 6 month seasoning period isn't an issue, how many of these loans am I able to obtain? 

In the explanation of what an ARM is and why someone might prefer it, the course mentions that hybrid ARMs often have an initial fixed period of the loan in which the interest rate is usually lower than what you might get with a standard fixed-rate mortgage.I was wondering if anyone had any experience or thoughts on using this initial fixed period to obtain a low-interest rate and then refinancing to a fixed-rate mortgage before the ARM is adjusted.

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

Generally, I use 1% of the purchase price for EMD and I aim for a 30-day due diligence period before the EMD is nonrefundable.