You'll read headlines that are written to get clicks and instill fear yet do not paint a full picture of the reality.

Most of these pitchmen are bankrupt or working at a filling station today.When you own the house, you have your own personal money machine.

Look for cashflowing properties from day 1, effectively the property is a cash generating machine when run well.

All of these things will help you create a PROFITABLE wholesaling company, not a money-sucking machine. 2.

Much like other news don't get carried away by headlines. 

Move in with a relieve and sleep on their couch for free (or $100 a month) as long as you can, and help out around the house as needed.Cut the grass, cook dinner now and then, fix the washing machine when the belt jump off, etc...If out have to eat out, eat at Taco Cabana (or similar good nutrition for cheap price) and always get the specials--no soda just drink free water.Get a second job or  temp job and work as much as you can and save up more than the needed next down payment.Do not spend money any new things, just save it all.Maybe a year or so of that will put you in CASH positive situation.Cash is King--Get Some--and get free,Good Luck!

Deal Machine or in conjunction with one another?

As you can see in the screenshot of financial headline today Juan, your taking an ounce of truth and whirling it up into a pound of lie. 

I should be able to build whatever I want on it, or at least any kind of residential housing if you don’t want my machine shop next to your house.  

This may grab the headlines, but a 1031 is just one mechanism for cap gains mitigation.