@Dave Foster  I was thinking that one needed to expressly denote in the listing agreement that the sale was subject to a 1031 at sellers expense.. and that you could not just a few days before the closing change tac and decide to 1031.. but I may be wrong.. much of what I know was learned so many years ago..

I've found the more active you are on BP and the more you read, learn and network the more confident you will be to dive right in to your real estate ventures. 

Hello all, I recently obtained my real estates license and will be affiliating with long and foster. within real estate I really would like to get involved with investing and flipping properties.

Hello BP'ersI am almost to start rehabbing a small old duplex, is a 1920's  property 1,940 sq. ft, the existing roof it has 3 layers,One of the contractors gave a quote he said, possible some of the wood can be saved and might just reinforce with some supports but will be known once remove the layers, that does not give a lot of confidence, because 2 previous high level specialized contractors said the wood must be replaced as well. but they stratospherically expensive over 20KDoes any one knows if per code in el Paso TX needs to have replaced all the wood?

And do as Steven J. suggested and you should be on your way to growing and learning the lingo of investing, which will help your confidence and motivate you to move forward with real estate investing.

@Dave Foster That's very helpful!

It was an extremely good confidence booster that I could do a deal like that by myself and turn a nice profit (for me at the time).Have you done anything with tax liens in Clemson?

I have spent the last 12 years of my life working in construction putting food on the table for me and my kids along with my foster kids.

Knowing my numbers: comps and rehab/holding costs has allowed me to do this with confidence.

In the beginning I was extremely part time due to lack of funding, intelligence and confidence.