Additionally, it's always advisable to consult with a qualified real estate attorney who can review the specific details of your contract and ensure it complies with Virginia law.Here are some additional points to remember:Real estate transactions involve significant financial investments.

OR do you think I will need to send in $130,000 from the 1031 X and then an additional $130,000 towards the primary residence downpayment?

My clients close in the name of their LLC, so the mortgage is not a tradeline on their personal credit.Feel free to reach out with any additional questions you have, or post here for the benefit of the group.

And I always start the eviction process day 1 and do not give the tenant any additional lead time. 

Happy to talk in more detail vis DM too

Class A, Class B, Class C, where A gets paid first, then I want to see where the cashflow for those distributions is coming from day 1, and whether the lower tier distributions are really coming from the property or are financially engineered by raising additional reserves just to pay early distributions.And very important, if in an equity position: is there positive leverage being used, meaning going in cap rate is HIGHER than interest?  

These are professionals with additional training and a stricter code of ethics.

Allowing for additional building and growth? 

I've been focused on value add. It's

From my experience talking to lenders, as long as the appraisal says the rental income can cover your mortgage, you are in a good spot to secure the loan.Feel free to reach out to me if you have additional questions on loan options (I work with investor-friendly lenders) and/or if you need a second opinions on investment properties in the Denver area.