You can use the 1031 to purchase one large two family as long as the investment portion is equal to or greater than the investment portion you sold.2.

Also for me the commission per house transaction is important however my ability to learn from the best is also equally important.

Most busy professionals have limiting beliefs and negative internal dialogue that keeps them from taking calculated risks, dedicating time, and generating results.One foot in front of the other!

My belief is that if you can cash flow now, you will cash flow later, if you’re buying cash flowing assets on the low @ half of the cost of construction.

That LLC could be split so that you own, say, 75-80% equity until cash flow coming to you equals your initial investment.

Tom Kroll would tell you that worrying about competition is a limiting belief and that business is unlimited.

The only catch is that the Purchase Price and Rehab cannot equal more than 65% of the ARV. 

After I do the rehab and get renters I then go through the refinancing process to get the ARV and LTV and use my LTV (my second mortgage) to pay off my initial mortgage (assumingI made sure the LTV is equal to or larger than the first mortgage).Is this correct?

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

I totally agree that PM isn’t for everyone and that not all are equal.