Once you establish your lender and get terms in writing for the initial purchase and rehab loan, (most Hard Money lenders only require a few bits of information such as property address, purchase price, Rehab amount,  ARV, FICO, cash on hand and experience level), request a pre-approval letter and make your offer! 

-Investors account for about 23% of the city's single family home purchases-Many are focusing on San Antonio and other Texas cities because of the state’s relatively low home prices and fast-growing population-This is causing prices to go up for both investors and primary home buyers as the city's inventory levels are the tightest they have ever been-The investors buying single-family homes are responsible for a large part of the steep rise in home prices across the U.S.

-Investors account for about 23% of the city's single family home purchases-Many are focusing on San Antonio and other Texas cities because of the state’s relatively low home prices and fast-growing population-This is causing prices to go up for both investors and primary home buyers as the city's inventory levels are the tightest they have ever been-The investors buying single-family homes are responsible for a large part of the steep rise in home prices across the U.S.

-Investors account for about 23% of the city's single family home purchases-Many are focusing on San Antonio and other Texas cities because of the state’s relatively low home prices and fast-growing population-This is causing prices to go up for both investors and primary home buyers as the city's inventory levels are the tightest they have ever been-The investors buying single-family homes are responsible for a large part of the steep rise in home prices across the U.S.

@Joshua GwaltneyWhat is the experience level of the 5 other investors.

The prices was the same, the market wasn't that much different, so I expected the same level of appraisal - or to be told / given the option up front.

Your best bet is to start networking with other flippers at meetups, REIA meetings, and as an agent.At the highest level, flipping is very easy, you need to know rehab costs and ARV.  

(Properties were in different conditions/levels of upgrades)5) In this market of high demand and low supply, it is best to get in and stake your claim to a property.

The easiest and safest solution, but usually not the most practical, is for the LLC and its members to stay together and sell the relinquished property and then have the LLC also structure the 1031 Exchange at the LLC level and buy the replacement property under the LLC (partnership). 

Dig deep a few level to decide what your driving factor is.