A lot of people in Toronto buy negatively cash flowing properties in hopes of appreciation.

I am working in Germany now, but I hope to come back to the states within a year and spend every spare moment finding my niche.

Does this still qualify for a 1031 exchange as I am looking to hopefully upgrade into another property...

I hope your trip in Southeast Pennsylvania goes well, and please don't hesitate to get in touch with me if you have any special questions as you go!

Hope this helps.

One important piece to understand is that investing breaks down into Time, Money, and Skills.First purchase: 50/50 partnership.Second: 0% Down Seller Financing.Third: 15k down seller financing.Fourth: 50/50 partnership my partner brought all of the capital and I manage the community.Fifth: 0% down seller financing utilizing cross-collateralization of another property (A SFH that I owned outright)Sixth: 0% down seller financing utilizing cross-collateralization of another property (A SFH that he was okay with being in second position on)Seven: Seller Financing 300k down (I bought this in my fund and raised capital through that vehicle), 0% interest loan for 3.5 years.Eight: Seller Financing 53k down (I bought this in my fund and raised capital through that vehicle), 4% interest loan for 6.5 years.The biggest takeaway I want a reader to get is that there are a lot of different ways to make a deal work. 

Full disclosure that I am a total newbie (with a few books under my belt), but very eager to put in the work, learn a ton, get my hands dirty, and give back whatever value I can offer.In particular, I was hoping to get some help and insights into SF landlord / tenant laws, and things to look out for when buying a property with tenants already living inside.

Hopefully we'll be able to find someone to show us a few houses in each and check out the towns.

Readers are advised to seek professional advice.

I hope this is helpful to you!