A good broker can communicate between multiple lenders and often times has established relationships within the C-suite levels of multiple lenders that they can make calls on your behalf to "shake some trees" and get things processed not just in a timely manner, but in a manner that is on time based on what you are trying to do.Unfortunately it is not uncommon per se, but knowing where these hang-ups tend to happen and how to time everything based on lenders timelines and processes is where it can be helpful to have 'go to' lenders that you are familiar with, and they are familiar with you to help get things done.Good luck though, happy to help where/if I can.

With interest rates elevated yet property values remaining resilient, finding cash flow with a reasonable down payment is an incredible challenge.

Which is probably 'code' for - real estate can be a great investment vehicle -but today may not be the best time to jump in as to returns on investment.  

I don't necessarily have the time for a reno/flip and I'm constantly travelling.

Caught the wrong brick plenty of times. 

I was planning on putting aside money each month to go towards renovations each time someone moved out.

In a wholesale situation, the F.B.I. looks at all parties involved, does not care that you didn't know and can ruin your life for a long time to come.  

It's a very common mistake where an investor sold and bought properties and then when it's tax time they find out they didn't do the right process to actually qualify as a 1031 exchange.  

The client generally purchases the right to use the plan one time.

Be prepared to spend some time.