While this will be a 1031 deal, the buyers of our property are willing to be flexible re the closing date to give us sufficient time to find replacement properties.Would love to receive feedback on any of the above markets or any others that might meet our criteria. 

We do have a lawyer lined up who should be able to take care of that aspect, so that's good to know.In terms of the structure you proposed, I just have a couple follow up questions to make sure I understand properly:1) If the investor pays us $50,000, we would offer to pay him a preferred return of $3,000 per year from the monthly income we receive?

Any advice would be well received. 

@Olivia Umoren Are you working in the field where you received your degree?

I was pondering through ways to approach various leads I have received through Direct Mail campaign and figured I would throw a few questions out to BP for experienced lenders to give their take on.

In theory this would basically mean you would get your initial investment back when you sell plus whatever tax incentives you received.

Hi,Recently with my direct mail campaign a person who received a letter from me referred their friend who currently owns a home in an area I’m looking to invest.

I have received orders to move from Connecticut to Port Arthur TX.I am looking for some advice on that area.Are there any good niches there?

With the great response to Angry Homeowners I am following up with a post stating my amazement that agents would get so angry when one of their clients receive one of my direct mail letters!!

She said send them a text and document it.