@Kevin Turano@Bill Exeter gave you an excellent technical review, and he is one of the best providers of 1031 services.

After that, it's a pretty short step to BRRRR.The challenge with starting with BRRRR is you have to be competent in all areas of the strategy, versus a traditional turnkey purchase you really only need to be able to analyze a deal.

Technically they still owe the first agent their commission, but that amount is reduced by the amount they pay the second agent.

Week 3 was met with early success followed by some loss of steam and focus. I was able to chat with a mortgage broker who was able to resolve some of my concerns. I came out of the conversation ready to go and started...

Moreover, PM is a tough and challenging business.

Agree with the above for the technical and data part of the business.

Even though refinancing is technically taking on debt, just like a HELOC, it feels different.

Pre-foreclosure technically only means that they are behind on the mortgage enough that a Lis Pendens has been filed.Most people (like 95% of people in forbearance) are not underwater, so it's most likely not a short sale -- they probably have enough equity to sell and walk away with a check instead of writing one. 

Technically nothing stops you from renting the property out from May 20th to Jun 24... 

All we're asking is for a total of $3,740 to move in (June proration, July rent and security deposit) which I think is more than fair since we are technically "holding," for this prospective tenant.