I mean, you need to worry and plan and implement steps and procedures, but there are things you should have in place before getting into the expenses of entities - do you have that many assets and cash flow to protect already and exhausted all the other steps?

.- Speaking with other investors about potential partnerships... but nothing has panned out with this yet.Our short term goals:- To find a property to flip- To come up with a pipeline of dealsOur long term goals:- To BRRRR multifamily properties- To flip houses for the capital to BRRRR multifamily properties- Constantly have a pipeline of deals- To partner with good people who want to create value for all parties involved Action Steps I'm taking to achieve my goals- I'll be attending my first local investors meeting the first week in September!

What was your first, second, and third steps...?

This is some great information and advice I will keep in mind as I take the next steps to invest out of state.

The late fee gives you a little cash for your aggravation and also gives you a step-up point for escalation. 

Peeling paint, cracked window, wobbly handrail, crumbly cement steps, temporary (adjustable) lally columns, knob & tube wiring, etc.3.

First step is to have a real estate lawyer draw up a legal mortgage contract.

The 1031 will also let you defer capital gains.And if you daisychain 1031 exchanges, you can implement the strategy of "defer, defer and die" where you pay none of those taxes and when you die, your heirs inherit on a stepped up basis and don't pay taxes either. 

They don't like to do the hard work or step outside of their comfort zones 

If you send me the address in a private message then I can walk you through the detailed steps to appeal.