Real estate although alluring with it's profit potential can be dangerous when not executed correctly.

If you complete your analysis and due diligence correctly you should be successful achieving that goal more times than not.

@Evelyn Maguire  Looking at the FEMA flood zone maps, @Jeff Copeland is correct.

Could someone tell me if these number are correct and how I can get out of the down payment cost on my credit card?

If you think I'm joking, Texas Department of Corrections was just mandated to have AC in all prisons on the grounds that lack of AC is cruel and unusual punishment in Texas. 

There are a lot of people that know a lot more about this than I do on here so maybe you'll get some better comments below, or maybe they'll correct me, and I'll learn something too -- Haha. 

I recommend you get a 1031 QI to make sure the exchange is done correctly PRIOR to closing.

Who is correct?

, or they don't actually even have the contract set up correctly, can i consider my money gone?

Meaning, and I might be wrong here, but for example property management or repairs are a business expense and are tax deductable correct?