Its a more saturated market now due to low barrier to entry and all of the "guru's" selling Arbitrage online to folks.

Once folks refinance, there's no need to sell except if people is losing jobs in great number. 

From an rehab and sell investor point of view we just can't compete with these buyers.

Free class, then 3 day seminar that costs $1500 but because you are attending the free class and if you pay in the next 30 min it will cost you only $300 with a free guest, and at the 3 day seminar when everyone is super pumped they sell the course for $40k.I was exactly like @Andrea Kendall, I didn't have the money to invest in the course and today I'm so grateful I didn't do it because now I know that is the way they got rich, LOL!

The first statement "he sold it with no capital gains" is a bit worrying, do you mean he used section 121 exclusion for the capital gains he incurred selling a primary residence? 

I am trying to find the forum posts for note exchanges. Can you please point me to that? 

That will give you some cash you won't miss out on any new opportunities.A 1031 exchange is definitely possible, but you have to make sure to get the timing right since you only have 45 days to identify your next property (or better yet, 3 options for your next property). 

This is when I knew I would want to sell.

One investor said they want too get a 10% ROI when the property sells.

One LLC is for a standalone real estate brokerage for representing buying/selling clients, another is the management company, and a third is an umbrella or holding LLC that will hold all of my personally owned properties (also in LLC's), so that I can account for them all in one place.