@Steven Hou Investors think in terms of numbers...while you don't want to look like a complete rookie by capitalizing the property, you want to at least capture basic ROI...cash-on-cashYou would also want to include data on rental income and expenses.If it's occupied, you'll need to abide by your states landlord-tenant laws.

What are some ways people have and can raise capital for a down payment when it's pretty large?

HI @Brandon Reed, I finished my course about 2 months ago for Texas and I passed both state and National the first time.

Software that’s helped me personally:YNAB – zero based budgeting system and software; their philosophy will help you get out of debt and no longer live paycheck to paycheck Personal Capital – a high-level net worth tracking software PodcastsEpisode 108 - Grant Cardone...

Flip houses to generate capital, use capital to purchase more rental houses. rinse and repeat.

Will I have to pay the capital gains tax on the $65,000 that I sell, or will my re-buy offset that sale?  

@Amanda Smith wholesaling is nowhere near passive and can be capital intensive to start up if you don't have a ton of free time to door knock or research owners info. 

@Todd ShipkeyYeah good time to just save capital and watch the market, it is very expensive but rents are good out here.

I would give the 1031 a shot, but I would hold every property you buy at least two years do you can get the capital gains.

that's old news.... when the market swings back to a buyers market that may be true but in a sellers market.. not true.. and you need a new capital partner if they wont give you POF..