It could likely give you a bad taste for doing future deals.

Especially if depreciation is exempt as well.)Question for @Dave FosterDave, when you do a 1031 exchange do you have continue to track depreciation on he previous building for future 25% recapture tax?

Spend some time saving cash and decide what your new goals for the future are. 

Maybe tell them that you may not always be available so they should make sure someone else has a key to get in to help them if there is an issue in the future.  

I'll try and remember that for the future.

Also, we've targeted Mobile because my wife's family all live there and it's a relatively comfortable place for us to invest OOS - so we'll likely be looking for more deals in the Mobile market in the future - would love to connect with any other Mobile REI's, wholesalers, or Realtors who are interested in connecting for future business!

If you need to sell sometime in the near future, you may have the seller's costs covered. 

I am looking to start off with Fix & Flips and hopefully leverage my capital in the future by acquiring cash flow properties and utilizing the BRRR Strategy!

Thanks soo much for the lecture but in the future it would be greatly appreciated if you might take a bit of your own advise and as you put it,"stay in your lane."

I’m greener than the grass on the other side at this point, but I am eager to learn the real estate business.