Principle reduction is much more complicated due to the tax benifits part and is a topic for another post.

Granted, I know there are scenarios where the responsibilities would get more complicated, such as move outs, filling vacancies, evictions, etc.

However, I think having real property makes that more complicated and might require going through the court system and hiring an attorney.

The complicated scenarios can be fascinating but if you're not already a highly successful RE investor you should probably put more time into the investing side and less into the asset protection side.

I made a spread sheet to keep track of which properties the locks were on, Tenant at the time, etc..It sounds a lot more complicated than it really is.

We use different techniques depending on severity.

I prefer it over a double close which gets a bit more complicated to orchestrate.

The reason that I say 25 months is at that point you will have 2 years of landlord experience under your belt and will easily be able to use your old house rental income onto your own in order to refinance you new house with a bank.I think you are making this more complicated than you need to not to mention the expense that your grandmother would incur.

Reverse 1031 Exchanges are more complicated because the Qualified Intermediary must acquire and hold or "park" legal title to either your replacement property or your relinquished property depending on which structure works best for you.However, they work great in markets like we have today because you can take all the time you want to find suitable replacement properties, acquire them via the Qualified Intermediary, and then focus on selling your existing relinquished property.

One of the main deterrents for me was the money issue, i thought you needed alot of money to even think about doing anything of this scale...What I want to know is, will these techniques apply to my economy or are they more applicable to America.I hope me joining this group of intellectuals will help me get over the hurdle of hesitancy and start on my way to a better understanding of real estate.Thanks for all responses :)