The equity of redemption essentially is the right of the borrower to redeem the debt which is being foreclosed upon.

I have a clause in my year-long leases that they can end a lease early by paying an extra month's rent (essentially taking their security deposit).

So, the standard answer is no.However, the IRS did issue two Private Letter Rulings in 2002 and 2003 that essentially did allow the taxpayer to 1031 Exchange into property they already owned.

I was wondering if I could get some feedback from the BiggerPockets community about what schooling would be essential for an individual looking to get into REI full time?

It would be nice to get a legitimate competitor into the field because Realtors essentially have a legalized monopoly. 

I really appreciate the valuable advice and yes, I find the Podcast so valuable and even essential for me.

If it dried without deforming, it will be fine.HOWEVER...If you have to patch anyway, and especially if you are paying someone to patch anyway, it will cost essentially nothing to remove and replace it.  

So, you might be left with $67K for purchase plus rehab, not $80K as in your example.  3) Rehab is an essential component.  

Go to the county appraisal district website and do a search there by address. 

How are the rent prices in Donelson for the smaller ranch homes in a decent school district?