This is over simplification but explains the general concept.

You will be fine and will qualify for 1031 Exchange process as long as you can explain why you had a short-term hold.

The shiny object syndrome is real and deadly! 

However, try to keep on blinders when it comes to shiny object syndrome.

By having the right verbiage reviewed by a RE lawyer, a wholesaler can stay complaint with the law as well as explain to the buyer the nature of the assignment and what exactly they are doing.#3 Double Close Versus assignments.Simply put, double close to protect the wholesalers & all related parties much better than assignments.

You basically, need to assemble a team in advance of even finding a property to be most efficient with this loan product.There's more I could explain, but these are the high level details that make the most difference in how difficult or easy the experience with this loan product can be.

If you give me a spreadsheet and explain how it works to me twice (once so that I understand how and why you built it, and a second time so I understand what you want to get out of it), I can do anything with it. 

Whether a flip or buy and hold is better depends on your long-term objectives. 

I understand what is tripping you up let me explain what I learned over time.higher cap rate are usually in worse neighborhoods which means the tenant pool is high risk.

Explain to him that it's going to be foreclosed and lost.