But really, you need to talk to attorneys, brokers, potential investors (typically will be friends and family to start), lenders to get real world feedback on what you need to do.

Purchase price: $120,000 Cash invested: $1,111 Sale price: $210,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Antonio, successfully completed a deal on S Homan Ave, Chicago, IL.

Just wondering if anybody has purchased separate landlord insurance, if it was with this company and what your experience may have been. 

I have a close friend who has been doing fix and flips for four years and wants to work together, just not as an owner.

Purchase price: $555,000 Purchased a property on 1 acre in Black Mountain, NC .

At closing there is no difference from a traditional sale/purchase.

If you're considering the Midwest, I'd suggest flying there and getting to know the area really well. if you have friends or family in the Midwest, that would help since they could check out a neighborhood or  homes for you. 

If you want to defer all tax on the 1031 you must purchase at least as much as your net sale. 

Four beds, two baths.

It is a lot to ask of friends and family to couch surf for several months-a week or two, perhaps.