Is this a new improved 1031 exchange?

And you’re right I’ll do it over and over and over again until I’m where I wanna be financially, however I gotta see how the wife will handle it lol

If I buy a property in need of work or improvements my after repair/improvement revenues are fairly predictable because they are based on what that market is generating today for a similar property.

If I have found a "good deal/discount property" for 285K-300K that needs 15-20K of improvements.  

its much like the Nigeran Prince scams that have been going on for decades.. we still all get those e mails.. but some must fall for it.Its just these scams have invaded our real estate space.However if your an American Greed fan.. watch the episode on Remmington Financial  these guys were the king of pump and dump due diligence lenders.. 

I had a knack for finding the deals,  Had credit ratings and relationships with the financial institutions.

Out of state Investing is always a much more involved venture, but it's certainly not out of possibility as long as you are fully educated in that market, have analyzed several properties, have visited or if unable to personally visit have a real estate professional that can tour and offer you an unbiased opinion, have your financial resources in check and have a good team of people in place there, especially when you can't be.

I was flying high and couldn’t wait to start my journey of becoming financially free through real estate.

If you're getting good deals on the investment properties, that will actually improve your DTI, assuming an investor friendly local lender that isn't riddled with rental income overlays such as "rent must appear on two years of tax returns for us to 'count' it."

I am looking to get into 6-12 units and I find Leominster ( or Worcester ) generally financially attractive.I don’t, however, have any experience in that market in terms of rental outlooks, neighborhoods, Vacancies, help, management companies, snow removals etc..I have looked at many More affordable areas including Lynn, Lowell, City of Worcester - but I find myself somehow pulled towards Leominster.