You'll still need to personally guarantee the loan and you as the borrower will be evaluated, but the property will be titled to your LLC. many people do exactly what you mentioned and form the LLC right before starting the process, so there's no issue there.

If you listen to the episode, you will have a better understanding of the 1031 process and what you can/cannot do. 

I don't know the best process to finding good residential home purchase opportunities in my local area aside from MLS.

Hello,I am currently in the process of creating finance, accounting, and workflow automation solutions for real estate investors.

@Darren Eady thanks man, I'm certainly beginning to learn that there are a number of different ways to go about this process.

They lay out and explain the process.1: The Book on Flipping Houses - J Scott2: FLIP - Rick Villani3: BRRRR - David M Green4: The Book on Estimating Rehab CostsWell worth the time and very informational.Good Luck!

I share my contact info, let them know about the transition in ownership process, how I operate, what they can expect, etc. 

Does anyone know a great attorney/title rep in Florida to process a Quitclaim for me? 

Well, if you're going to be holding the note for a very long time and don't plan on refinancing any time soon, buying the rate down can be a huge advantage. 

Huge tech grow, low taxes, and landlord friendly.