On the last one the contractor said they would be finished by December, deadline passed so I asked for progress photos from the management company since the contractor from their vendor list kept delaying in sending them.

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This approach goes beyond basic ...

And they call it "investing" lol.

The first calls I make are to the sellers that post the proforma/s in the posts.

If you don't have a job, I would get one of those and start saving up funds so you can dip into real estate part time. 

Im happy to answer any questions you may haveI also host a weekly podcast called the "Investors Guide To Memphis Real Estate".

Plus the condo board needs to approve my tenant - so any delay would cause a much larger financial loss.3.

First time buying a property as a rental investment and would like to collect as much information as I can here so hopefully I can make a correct decision using all of your expert guidance and suggestions.Thank youBryan

Thank you so much!

That would pretty much use up the 1031 funds, so no need to do a reverse exchange or include any improvements in the exchange.