I am looking to buy a multi family and the listing agent noted that the seller is doing a 1031 exchange.

You need a white elephant scenario where you can sell at a premium, and also buy in an opportunistic market.

Buy a property as soon as you can.

That being said, for recordkeeping, it is probably better to have a different LLC for buy and hold vs flip properties - though you do not technically need to separate them or have LLCs at all. 

Good morning investors,I'm looking to buy a property in the South FL area and need to bounce some ideas against you guys. 

The house I'm buying will be used as a long term rental.

I have a lot of experience in single-family and  large apartment communities and syndications. But, I have come across an off-market 55+ community which I do not have any experience with. Does anyone here in this foru...

If so, they could change ownership of LLC to you and add you as authorized to get mortgage info.You would buy it subject to the existing mortgage.

Take that money and buy RE in other growing markets, stocks, bonds, index funds, high yield savings, or probably a combination of it all. 

I even turned off the hot water tank to save money (until my then-girlfriend, now wife, convinced me to turn it back on)—all to use these savings as my launching pad of capital to get into buying income-producing real estate and starting a business.Fast forward to today, the foundational skills and inspiring stories I absorbed from the BP podcast have given me the confidence to take action and believe in myself, significantly advancing my investment career.