@Juan Gallegos,In addition to finding a good attorney that understands lending (which is rare in my opinion), you should also go out and take some classes on how to be a Hard Money Lender.

@Arlan Potter Let me provide a little more info that I didn’t provide, yes all the work will be done myself and a few employees under a class a contractors license.

If you figure what asset class you like then can recommend some books and shows. 

Considerations i appreciate so far:- Obviously the most expensive, the more ability to absorb the cost of performing the study, and the more building value to depreciate in general- Would you focus more on multifam but in class B-C?

I believe if their credit and/or debt to income is not strong enough, they can still be qualified if they take a class on finances and the like.

QBO Plus has class tracking, which is what you need to be able to track and separate by property.

Trying to do a 1031 correctly in turbo tax sounds like trying to cook a gourmet meal using the ingredients from a lunch able. 

CapEx and repairs should be lower after renovation, but how much lower and for how long really depends on the renovation, location, and tenant class.

One approach would be to decide on an asset class and market e.g. multifamily in central Florida, and then secondly decide on how to invest whether directly, via a syndicate, REIT etc.I have invested in a number of syndicated multifamily deals as a LP and GP so if you want any specific insights please feel free to DM me.

Working-class neighborhood.