Your cashflow on the current properties is pretty healthy and if your reverse exchange went the full allowable 180 days  you'd be generating cash flow off both of those and the new property during that time in essence double dipping cash flow for the interim. 

One of the things to be certain you address is contamination of soil and water. 

From an active standpoint, you'll be finding the deal, structuring the deal and raising capital with a healthy dose of legal awareness and support to ensure you are in line w/SEC and state regulations.  

I want to be able to pursue my passions while I am young and healthy, and build enough wealth to support a family with financial security.

The only way this makes sense to do is if (1) you're certain the homeowner won't sell the house during the redemption period and (2) you're certain there's a healthy amount of equity in the home.

It was a long time before Astoria and LIC was finally "discovered" and I really feel it will be a while before it finally tops out and that includes the rents which continue to go up at a healthy clip.  

I typically negotiate the price so it makes sense for rehabbers like you to make a healthy profit.

You have to have a job to buy a house, and if you have high paying jobs the trickle down economics spreads over the whole city creating a vibrant economy and a healthy real estate market.Thanks for sharing Scott!

I usually like smaller, local, more focused banks, but the lending environment is healthy and a large majority of banks would like your business.

I'm fairly young, and see this as a way to grow my retirement at a very healthy rate without coming out my own pocket (yet) to do so.