Hi, I'm in the process of looking for my first investment property.

Make sure the loan is collateralized against the property, in Texas that's a deed of trust and a promissory note, and we generally personally guarantee everything.Let me know if you have questions on this process, glad to help however I can.

What are some of the lessons learned and things to watch out for in that process?

There are lots and lots of desktop investors who surf the internet but are not fully committed to buying or learning the process.

We are currently in the 1031 exchange process and engaged at time of sale.

The property may not be an issue but there lending process seems to be off.

I would reach out to a local appraiser in your area and ask them if you were to hire them how would they pull comps given no duplex to compare it to. 

It puzzles me why people talk this way, or have to make everything a process based venture.

Still in process of converting entities and getting paperwork straight 10 months down the road. 

Subdivision process (estimated duration: 2 years)2.