But to start, usually it would be best to identify the property you want to purchase first, but in this hot market its more difficult to get a contingent offer accepted.

How did you identify it was a good deal?

The messaging was simple: Identify yourself as a pre-approved buyer looking to buy for your familyNot an investor looking to low ballA little bit about your family (Not too much)You love the neighborhood - State why you love the neighborhoodHave them call you or your representativeBut it's more than the messaging. 

Instead of marketing (I call it spam) to a bunch of buyers who you don't have that criteria for, you can identify exactly what they want.I use to do this all the time, but there are easier ways of getting buyers without asking a single question and know what they want to buy, how much they would pay, their financing etc... 

Hello Corey, I have not identified any concerns with investing in short term rentals for traveling nurses.

Once you identify the land, I advise calling the local planner who will be able to give lots of information about the build-ability and process for building in that area. 

The 32 year ground lease plus the improvements made to/on the land creates/represents the new real estate interest that you will be identifying and acquiring as your replacement property in your 1031 Exchange.There is no way to do this kind of 1031 Exchange without risk since all we have are three (3) Private Letter Rulings.  

I'm thinking (correct me if I'm wrong) it'd be a good idea to identify specific neighborhoods in cities I'm interested in.

Identify what skills you have right now that could assist someone in real estate.

The last one isn’t a must, but it sure does help with the lender has personal experience in the seat you’re sitting in.Most importantly, a lot of first-time buyers feel the need to extensively shop around to find the “best” lender but they don’t necessarily know what they’re shopping for and it ends up biting them in the rear. (1) identify what you need in a lender (use the criteria above) (2) understand that opening yourself up to lenders and saying things like “I’m talking with a couple other lenders and want to know where you’re pricing is” will likely close the door for honest advice.