But it is very possible that they may be interested in a partial exchange to pull some cash out or buy down a certain amount.  

You can possibly complete a owner move in eviction.

The conditions are similar to those that would make it possible to ask for a home office deduction.The other moving part indeed is how much can you leverage, @Ariel G. 

I'm committed to educating myself first as much as possible, and I'm hoping to get advice/comments prior to my first investment from the community (online and local) as I go thru this journey.

You'll learn a lot just by networking with others.As for Turnkey I know some people love them but all you get is possible cashflow.  

The only thing I have to add is if you have a maintenance man, and someone reports a leak, you should have it looked at as soon as possible, not on Tuesday like Wimpy.

Always do the math analysis on a prospective property and try to look at it of at least have a clause in the sales contract that allows you some time (about 15 days) to make a detailed inspection and possibly walk out of the deal without a penalty that will hurt you too much.The thing you also should do in the beginning is to have a Team put together that typically have an Attorney, real estate Agents, a CPA (or accountants), Inspectors, general Contractors, and Handymen.  

I told the guy that I have home warranty and can get someone to come Tuesday, but no he wanted the person as soon as possible, so paid the AC guy from my own pocket :(

The new buyer could possible have to deal with an eviction which is an added cost and time.

Looking into using this currently and possibly a solo K to avoid taxes.