Quote from @Taylor L.: Quote from @Greg Scott: It should be noted that if you have a traditional self-directed IRA, you may end up paying more tax via this strategy than if you paid the penalty and then invested in real estate. 

And I suggest that if someone's "dream" is to make money with no money and no assets, they would be better served using that energy to acquire some capital and leverage their own property. 

@Lisa Vu we need more info...In addition to what @Nicholas L. asked, what are the total monthly expenses (incl. all debt service, PM fees, and maintenance/repairs)?

@April L.

Quote from @Nicholas L.: @Brionne Johnsoncan you house hack instead? 

According to a potential client, there is only one vendor that can serve the HVAC to keep the warranty? 

You could say "been evicted or refused to leave when served notice to vacate".- The two questions on landlord references are not necessary in my opinion.

However even if you want to go to another market feel free to connect with me & dm if I can serve you in any capacity.

I have to say all the last post's seem to be very self serving.  

Hi @Ronairo L Wilburn, Just an FYI, the 1031 Exchange Qualified Intermediary industry has no licensing, registration or regulation.