Fear paralyzed us of our dreams and goals, take a deep breath now go forth

@Brian Olson I would speak to the VA lender, but I can't see there being an issue since you got the loan with the intent of living there. 

Maybe that's intentional

A person with intent to use the property as primary residence can give you a 90 day notice to vacate.

We bought a house in NH with the intent to do just this, and have had a lot of success w/the strategy.

So am trying to create some passive income through RE with the intention of getting out of my full time job.

However, you must have the intent to hold the replacement property for rental or investment purposes (as opposed to held for another sale/swap), so you would likely not qualify for a concurrent 1031 Exchange and then another subsequent 1031 Exchange because you actually acquired it with the intent to sell or trade unless you can make the argument that the transaction has a legitimate economic/business purpose and that you really did have the intent to hold for rental or investment. 

If that's the case then simply communicating your intent may resolve the issue.

What I suggest is that you create a budget, and see if there are areas that you could reduce your expenses (I suggest this to everyone as well) maybe you will find that you have some breathing room.I don't agree with getting a RE license, unless you want to be a RE agent, which is your decision, but the only thing that would push me over to being an agent is the use of the MLS...

Hello Lafi,Quick question for you, when the sellers call you back about your note where you stated that you will buy their house, As Is, Cash what do you say to get the listing, I am assuming your intention is not to buy but to get the listing.