I'm about to pull the trigger on a 3000 sq ft ranch style house, built in the late 80's. 

He and his wife (ex-wife now) bought this property a few years back for 20k, put some money into rehabbing but ended up not finishing it.

As long as you’re not a sucker for sob stories or tolerate late rent — never rent to friends — you should be good to go.

When I got my license I was essentially broke (recently divorced and had to sell it all), but I got a box of business cards and I just started talking and handing it out whenever someone might need my phone number - whether or not they needed my services.That being said, what I have learned since late 2015 being in the trenches, I believed I never could have learned otherwise.

And then when one building is done, they were offered to pay top dollar to move into the finished one while you rehabbed the second one?

You use this to close the sale with the seller and then finish the deal with the buyer.

Finish your 1031 and buy the property. 

@Heather Olson Here is how I have my lease worded:"Late fees are to be paid without demand.

I also have about 85k in cash currently that i have been saving up while i searched for another rental local, just not had the best of luck yet grabbing up anything worth investing into, lately houses just been selling for more than asking prices, while im asking below following the principles to get a good deal. 

Netflix didn’t have a better brick and mortar store, they took away traffic and late fees.