And how/when would you get your concurrent lien release executed?

In CA I always see a contract addendum that reads approximately: "Seller is executing a 1031 exchange.

You need to learn 3 things:1 - How to analyze Markets2 - How Money Works3 - How do design and execute a Real Estate Investing Business Plan.All three must work together to be successful.

@Matthew Nixon, my husband was really negative about real estate before my first deal too... but once he saw me execute a solid deal and secure a desirable tenant, his mind changed and he sees the light!

We have urban planners on staff to keep costs economical.

However, if the choice is made to have those words in the heading of the contract, it is highly recommended that additional language is added to clarify its meaning.In order to effectuate an actual assignment, the seller will be asked to execute a formal assignment that transfers the contract to the assignee.

We were also still trying to double year over year while adding in accountability for the staff who seemed to enjoy not being managed.

I just listened to the podcast about The 4 Disiplines of Execution, so I went to iTunes to buy the audio book.

My wife and I are finally ready to pull the trigger and execute on the business plan that we have developed which is based on applying the BRRRR strategy to short term vacation rentals (AirBnB) in Puerto Rico! 

But as with any real estate investment, make sure that you have an airtight plan and the team around you to execute it.