Welcome to the site @Preston MorrisonThe 1st step to take towards that first property is going to be solid w2 income and a good credit score. that will help you get approved for a mortgage.Business courses and the real estate licensure courses would also help to give you a handle on the industry.

B) It looks like there are companies who specialize in handling reverse 1031; which state would be better to find someone in for handling this, CA or CO? 

Any advice on the best medium to get a flexible, reliable work force that can handle real radar relates tasks in eastern North Carolina?

@Adam AbdullahI agree with the business plan highlighting how you'll handle liquidity of the portfolio and the type of properties away from the "slum" variety

If you are buying property your title insurance company will handle researching the history of the title to the property.  

Hello BP,Was wondering if there were any commercial (retail/office) landlords that can chime in on how they were offering terms on TI.  Are you offering a TI  allowance as an upfront incentive (where the tenant does n...

5) How should property ownership be handled? 

@Rick Harmon yes I think I can handle the conversation just that I feel funny when the person on the other side of the potential deal is someone I know it feels strange.

I could think of several more detail items missing in his cost analysis.Backsplash and cabinet handles to name a couple."

Pay them fairly and educate them as to how to handle their own finances and make wise investments to increase their wealth.