I empathize with you on this subject and offer to you that time and your life experience serve you now and is a big advantage for you right now.Simply by having gone through many different joys and challenges speaks volumes about your resilience.  

I need a policy to cover basic business with errors and omissions and $500,000 worth of property (subject property).

My partner made the point that the tenants could possibly do damage before they leave and we would like to eleveate the risk with a clause stating: "  Closing of transaction is subject to condition of property meeting acceptable conditions based on initial inspection and remaining in said condition as of day of closing.

@Brad Bamm, I have bought properties subject to existing leases, but never with an indemnity clause. 

Yep, this is the one that is the subject of the podcast!

Learn subject-to, contract for deed, lease options, etc and the differences between them.

A 1031 is for "Like Kind Exchanges"Like a truck for a truck, rental property for rental property, building for a building.A flip is an ordinary income process subject to incomes tax and FICA, and specifically mentioned in the code as not eligible for a 1031 exchange.

Anyone that would, may subject themselves to a litany of regulations regarding ability to pay, benefit to borrower, etc..

It is my understanding that profit made from an investment out of state will be subject to state income taxes.

Before you get confused what 'REVA' is in my subject title its an ongoing latest term used for 'Real Estate Virtual Assistant'.