Hope everyone is doing ok, and if people need assistance with something whether it be someone to check on a property or something, use the BP community as I am sure someone is or knows someone who can assist

It sounds like a great partnership...

- Lots of Equipment (R&D Facilities, Car Washes)- Gas Stations (100% 15 year properties)- Movable walls (self storage)You can find anywhere from 15-35% of the purchase price of a typical apartment complex is this type of property.More of it means less tax for you from higher depreciation amounts!

I do think new investors suffer from an overabundance of short-term thinking right now.Regarding number 2, I think your takeaway to buy smart is different than a result of wanting to buy more.

And then re market it they cant have a buyer lined up ahead of time.. as that on its face means they have marketed the property.So read em weep wholesalers assignors.. but I am going to provide ulra short term funding for X wholesalers were we will do JV deals and they can still do what they do.. obviously its going to cost.. so wholesalers with limited profits wont be worth it..Or X wholesalers in SC simply have to get a RE license and get in the business that way . 

Where do I even start?

As the buyer you have nothing to do with the seller's 1031 exchange unless it is contingent on their completion of buying a property before closing on this one, which case, I would just move on to something else.

Is it possible to get a gap loan and then a renovation loan then refinance after renovation is done.

RentRedi was really good when we were using it. 

If you can't make it to BPCON24, we will livestream the conversation.