So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likely they'll be inflicting significant financial damage to their portfolio… it’s probably best to opt out and pay the tax.1031s aren't structured in a way that makes someone "overpay" - it mainly comes down to poor planning which puts them in that situationNever let the tax tail wag the dog!

These are a list of my lessons and challenges along the way:*Pay someone to rip up the tile in a house!

If you can't pay that debt off after your introductory APR expires, you will be in a terrible spot.  

Now you need to figure out how to find deals and pay for them.

IIf you are paying a flat price to get the house painted , who cares how much paint he uses , as long as its done .

People who get evicted after not paying the rent for a long time re usually not the best people and often leave lot of damage in their wake.

The "price" you pay to a buyers agent will come back 10 fold when working with really knowledgeable, trustworthy market experts. 

Also, the rent amount may include the lot rent if these homes are in communities or land/lots where you pay rent for the home to sit there as well.

@Kristi PrattTo make smart real estate choices, think about rising rates, cash-out refis, and slow pay growth.

A cookie cutter first deal looks like:Purchase: 65k - 90kRehab: 50k - 75kARV = Project Cost/.7Neighborhood: B or betterRehab type: cosmeticAvg Days on Market in zip code: 30 or lessThat's an example of a very safe deal for a lender to fund for a newbie.For a 0 experience expect to pay 11.5%+ in interest.Keep in mind the cost of a project's lifecycle.