If you’re in the area and would like to meet up for coffee or lunch to talk real estate, or just connect, I’d love to hear from you.

But as we sat down over coffee and sifted through the details, a few things didn't sit right.Those indexes...

The issue you have is that it doesn't appear that you have an investment property if you are letting a family use it rent free.A 1031 exchange requires the property that you are selling to be an investment property.best of luck.

Will the appraisal be an issue coz we bought it for 370 3 months back?

Not sure if that will be an issue moving forward, but I saw when gas prices peaked about 10 years ago, it killed rentals in Little Elm...where everyone drove 30mins-1hr to work somewhere....that could happen with Forney, Heartland, Heath and Crandall and all the small towns around it in that area.

What I can say is your property 2 does not appear to be an investment property (it should be purchased for owner occupant) and that you should be able to do better. 

If I wanted to move to Nashville and be an agent, what would some be that I needed to think about before making this decision.

If you're considering buying a foreclosure, it can be an excellent way to get a deal, but be aware of the risks like property condition and the competitive market.

I remeber my buddy’s first partnership happened by sheer chance at a coffee shop-he ran into another investor and one conversation led to a multi-property deal.

I had thought the process would be an engineering firm.