The neighbor somehow learned the property line was 20 ft over into my friends property.

Hi BP friends,I'm beginning the real estate investing journey, and while I'm still in the research/learning phase of things (reading, REIA meetings, etc.), I already feel a bit of paralysis on what type of RE I should consider.

Also good success with owner financing, and to a lesser extent, friends and family.- Tom

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Ultimately, my equity partner is a good friend, and time was of the essence.

The only recommendation I can make is to find the people you want to help, and make friends with them.

A 1031 is very easy to understand and most can be found online for free or through a phone call to your accountant or a friend who's an accountant. 

@Jordan Moorhead is correct Austin, like most cities, is NOT short term friendly.

I have a friend on the West Coast who is private lender and he had to foreclose on a property near me.

Even with family + friends.