I believe this tenant is going to be difficult to deal with. 

Lastly, being out of state you better find a team of Boots on the ground you can trust, and this is probably the most difficult part, you should talk to @Drew Sygit he might be able to help. 

Most great PMCs will not manage these properties as they understand most owners won’t pay them enough for the time required and even then it’s too difficult successfully manage them.

Most great PMCs will not manage these properties as they understand most owners won’t pay them enough for the time required and even then it’s too difficult successfully manage them.

This is proving to be difficult.

To my understanding as well, obtaining financing for a foreclosed home can be difficult.

Unfortunately not having people in your corner answering the questions you have makes the process that much more stressful and difficult as a first time home buyer.

In many cases, the bonus depreciation strategy can be a better alternative than a 1031 exchange, particularly in a market where it is difficult to find value in a replacement property. 

They are free, very informative, and never ty to sell you anyhting (well, they do end with suggesting you join as a PRO but they give you a discount code).As for managing your properties, once you get more than 10 or so it becomes very difficult to find the time to do it yourself. 

With that being said, in the last chapter of Part 1 Scott says that for many people, saving the initial nest egg is one of the more difficult parts on the road to financial freedom.What do you think?