I guess I can see the logic if it was a LONG term lease with a solid tenant, or if the alternative options were just really bad.I guess I'm just more accustomed to pursuing deals that are "grand slams". i.e. - I generally don't like to buy properties unless I KNOW they're going to perform on a huge level.

If the trapped gains are a few grand- I'd carry on as usual.

The only one ive ever had send me a deal sent me something that didnt sell on the mls so they marked it up ten grand.

I can make my cash to close number a few grand more or less appealing just by making up an assumption there, to either bring business in the door and have a 'bad news' conversation later, or I can estimate 29 days, hope I don't lose your business because of ignorance, and have a 'good news' conversation later.

When there's a few hundred grand on the table, and you've got it tied up in contract, sellers have an AMAZING ability to suddenly cough paperwork up that they previously said was impossible to come up with.

My total end goal is up in the air, but i would love to be able to match my month net from work "just in case", of course more would be amazingbut realistically if i could end up with a couple grand, net, and continue to pay them off at the same time that would be greatthanks

but when you have the kind of meat on the bone that timber land can generate whats a few grand right.. 

Look at the Grand Junction MLS since you have access. $30K won't get you into a clean rental house but it will get you into decent condos and townhouses - you pick some properties and I can tell you about the areas and steer you...

It certainly is not desirable to the grand majority of home buyers.

Grand total of $60K-$90K cash outlay to begin with.The beauty of this approach, though, is that once the deal is funded and closes  you get it all back, plus your acquisition fee.