Only thing beyond that would be the Realtor board fee and whatever I spend on marketing myself.

But when you start its tough.There are some lenders and other services that after they qualify you will charge you and issue you a POF letter.

Simply put, for the context of this post, prospects consist of a broad audience or group of people who match your pre-defined criteria, and leads are prospects who actually qualify for your services.

I was wondering if anyone had any insight on starting a 1031 Qualified Intermediary business.

I don't know of anyone that would take on a recourse (or even a non-recourse) loan with someone who has no skin in the game.

Going forward I will be asking pre-screening questions to find qualified renters and those that are actually interested.

I will need to pay off the existing mortgage ($451k) with a construction loan; at most I can put in $180k toward the build but not sure if that is wise to put so much of my own money in.So far my best option seems to be to partner up with an experienced developer/builder who can put down cash towards the construction downpayment *and* qualify for a bank construction loan.

Originally posted by @Brian Garlington:@Michael Ohman   If you're going to BRRRRR you can still do it with a VA Loan.....But utilize the one that's called a US Department of Veterans Affairs Loan.....It's more designed for BRRRRRs   I was looking into a va loan recently, but I ended my job to take this backpacking trip so I don't believe I qualify anymore.

More to your specific questions though.....I own property both traditionally outside of retirement accounts and inside of SDIRAs and SOLO401Ks (better IF you qualify).  

The problem with that is home inspectors are not licensed contractors or electricians which is why in their inspection reports they always include the boiler plate clause recommending something be inspected by a qualified contractor, electrician, plumber etc.