In these you are purchasing ownership of a company or entity that owns real estate and not the real estate itself.However there is a hierarchy of real estate ownership that complies with 1031 treatment and runs the range from active to passive.  

Would I run into any trouble because I am an out of state resident/buyer in Virginia?

Example the Detroit market was a running joke on the BP podcast for a while back in the day ... but now ever Detroit has been seeing appreciation .

He also didn’t want to run his own smart move and tried to just run his new wife.

But your issue becomes that regardless of how you would like it priced, the bank is going to price it based on comparable sales so even if a 6% CAP gives you a value of 600k but the highest comparable they can find is 500k, you're going to run into problems when your buyer goes to finance.

Because I currently have a lot of time on my hands I think I have been able to run into some really good deals.I just wanted to introduce myself and I am looking for any one who also lives in this area who wants to partner on any deals were simply work together bird dogging.My goals are to complete a wholesale deal by the end of July.I would like to attain at least five houses by the end of the year that I can do subject to.

He is an agent down there and runs an entire program on house hacking.

I was using Credit Bureau Associates who have recently moved/consolidated with TenantAlert.Have the option of running, criminal background and identity fraud checks.Have the option of  paying for it myself or applicant to pay.I get the credit score, account types open, closed, payment history, status of accounts, balances, etc. 

However, this comes into play if you've set aside for an HVAC and it is still running perfectly well at sale. 

Im trying to run the numbers but im coming up with a problem.