This satisfies 1031 requirements but also saves you a second real estate closing and transfer taxes and gives you a free LLC to use also.5.

Those new and expensive units will be the first ones people leave for something cheaper if they need to save money or for a bigger/better home and neighborhood,  depending on the individuals needs.  

Right now I’m trying to save up all my commissions and research different markets to figure out where i want to invest.

They can afford the monthly payments but don't have the downpayment for the house saved yet- they have a plan to do so in the next year.We offered to allow them to rent at a lesser rate for a year (to help them save for the house) and they be responsible for small repairs and at their lease renewal we touch base and see if they want to buy.

This allows you to save up some capital.

It depends on your knowledge that may save that expense if you need an Attorney to review your contract. 

Hi @Rick Baggenstoss I have done several flips in Atlanta and mainly always use laminate, since my remodels are pretty involved it is hard to save the old hardwood because a lot of the areas I open walls and change the interior layout are then missing hardwood.

The easiest thing to do is save money from some sort of full time job then go buy rentals.

How much money do I need to save up to begin at all?

By that time, I'd have saved more than that amount, so I'd have no trouble making this payment.I'm very interested to hear your thoughts about this structure.