I appreciate all of your insight and hope you will be patient with my many, MANY, questions!

So I am patiently waiting for that next flip. 

Good deals are to be had, but you definitely have to be patient.

Hopefully renting will not be necessary and I can flip it immediately, but I am willing to be patient.

Standard practice in the medical field is to remind patients of their appointments.

Close to Toronto,  I can only get good cash flow in Hamilton.Maybe you are looking at small and overpriced  properties, there is tons of them now, you have to be patient and look for the needle in the hay stack.If you don't have patience, maybe you should look at student rentals in st Catherine'sAlso, If you are interested in providing financing, let me know, I may need it in a few months.Good luck

This will depend on whether or not the buyer is willing to be patient and wait for you to locate replacement properties.You can also consider looking for replacement properties first and attempting to make an offer contingent upon the sale of your relinquished property, signing a lease with an option to buy in order to tie up the property so that you can control when you exercise the option and close on the purchase, or close on the replacement property purchase using a Reverse 1031 Exchange transaction.

But, if the buyer is patient, they can get a really good deal. 

None of which will happen until 2018.I'd love to get into something as soon as possible but I'm in a position that allows me to be patient until I find the right deal.

We DID get it all straightened out, but it took some time and we luckily had a patient seller who did not mind rescheduling the closing.