She couldn't understand why she didn't get notice about the actual auction sale....and I said "You did, you got foreclosure notices, and once they issued a default judgement, the County doesn't care anymore." 

The housing market went crazy the house appreciated a ton and the rental market increased tremendously allowing us to cash flow a lot more after all expenses are paid.

I read that some were buying the rights of people who are owed money from Lehman Brothers at 100% on the dollar because they think more is actually going to be returned with the UKs required interest, if there is money left over after they pay all their debts.

For them, there was very low risk, because they knew how to gauge the after-repair value and set terms in their favor. 

After a month I had both sides rented at $650.00 and it was cash flowing great.

As long as I do the 1031 properly (intermediary and all) and don't touch the sale proceeds, nothing changes from the interest tracing perspective? 

You're going to see a lot of folks crawling out of the woodwork to sell you services.

@Mat FisherMost programs are very expensive which is why it’s easier to pay a servicer $25-$35/month th manage that process and they will also do all the tax forms and handle escrow

I like these amongst ,many other right nowREXR - (Rexford) they are a niche (sub-specialist) in industrial warehouse/distribution/manufacturing in the southern California only urban or Infil area, they are not international like PLD - prologis, their MOAT is that SO-Cal has geographic limitation to new inventory, so they have rent pricing power that industrial in rest of country doesn't, also 26 million people in so-Cal and the 2 busiest Ports in country, their earning/revenue projections next few years are best in class, and they are cheaper on price to book than PLD or others, I own some and will buy a lot more in upcoming Recession, likely in next 6-12 months, when publicly traded equities will likely slide by 20-30% although their assets (physical buildings) are only going up in valueVICI- (casino REIT), used to be part of Cesars palace, then Caesars spun them out in 2018, to do sale leasebacks of their properties to take all that physical capex off the books.

In the ideal scenario, we picture keeping the property as a cash flowing asset forever and letting our kids deal with it after we die.BUT, if that doesn't happen, and we decide to sell in 7 years or 10 years, I'm going to kick myself for losing out on the capital gains tax exclusion of $500k.