I get frustrated because most people a) don't stick with this and try to learn it... trust me its easier than first year college physics... but it will take you a few times to get it and after networking with real people doing this or b) they say its seems risky and listen to their lazy/ignorant CPA who by the way has been stuck in they same occupation for 20-30 years... why would you want to take financial advice from someone who is not financially free. 

Alternatively, you could also reach out to them and try to figure things out that would work better for them, like possibly changing the time that their rent is due.

Keep trying and you will find them. 

I'm trying to evaluate if we should keep the property or sell it/1031 exchange into another investment, but I'm struggling to figure out how to do the analysis.Initial Purchase: $65,000 (Cash)Estimated market value: $250-270k - We'd clear $200-250k if we sold.Current Rental Income (after expenses): ~$1,417My gut tells me that we can leverage the proceeds into higher cash flowing investments, but I don't know how to do the math.

The earnest money is what makes it a "secured interest" and I try to do it for the least amount possible (I've done it for $10 and/or $0).

Keep an open mind and try to meet everyone at these meetings.

It would have been great to meet you, but if I do decide Houston maybe we can try again.

I am trying to get a pre-approval with higher limit and want to use the investment property I am buying to give me a better pre-approval.Could someone please share thoughts?

@Mario M. are you trying to wholesale deals to them? 

I tried new tactics, kept up with changes in the market, and changed my beliefs as needed.My motto became "always learning."