I received a contract a week after I finished and closed the sale 5 weeks later for $278k and after it paying off the hard money loan and closing costs I pocketed $53,359.I feel that this was a lucky first burn out deal.

Hi Mark, The payoff of a seller's note 3 years later is not considered to be a sale of real estate but merely a payoff of an outstanding debt, so it would not qualify for 1031 Exchange treatment at the end of 3 years. 

I was not aware of this until the wife called on March 3rd and explained situation and said rent was going to be late (rent is due on 1st and late after 3rd) but would be paid March 6th.

If you realize later the description should be modified you should be able to make this modifications to the post.

First, is there an actual recorded easement for the lateral?

One of the guy came back 2 days later.

As long as the capital grown out of an equity creation exceeds ones living expenses, one can accumulate capital to later deploy in an "investment."  

I read the first part of your post, I'll read the rest later..... :)Good luck!

Who knows what else later on.Alright, I think that's good for an introduction.Looking forward to meeting you all.Best,Elder

Scenario: Remarriage later in life.