You guys made me realize that if I want to test it out that is fine but that I need to set an exact date to hand it over so that I don't get caught up in it. 

You realize you’re on the STR board right?

., you realize we are probably at the TOP of the RE cycle?  

If you aren't careful you'll spend months posting on BP before you realize you still haven't done a deal.

So, if you later sell the property you purchased via the 1031 exchange, you will have to pay the gain from the original property, plus any additional gains realized on the new property.

Having come up in this business with no help and no one around me to get advice from, I truly realize how important it is to have someone to bounce things off to when you need to.

If you get the house under contract, send someone to look at it, then realize the repairs are much more hefty than the seller claimed and you can't make a profit, you can go back and renegotiate the price within that inspection period.

I always thought you needed to have a lot of money in order to invest in real estate, and it wasn't until a friend of mine turned me on to BP that I realized that pretty much anyone can do it. 

I like to assume the best in people, while also realizing most people will put themselves first when they need to.

Often times lenders are only looking at pieces of paper with numbers on them and not inside a property seeing the condition and realizing the status.