To this day they (the OOS partner) have never seen the properties that we own, we have never met face to face and yet we all keep getting checks that are double digit returns and we love doing business together.The moral to my story is come up with a plan and as long as you think it through and execute it properly don't let others who have never done it influence you with opinions that are not backed by experience. 

So if you relocate your investment property to another state are you still obliged to pay the taxes of the state where you initially executed the 1031 exchange?

., created PSA, then executed (with enough DD time and extensions to financing if needed - THIS IS IMPORTANT!). 

Purchase price: $262,000 Cash invested: $30,000 Executed 1031 to acquire duplex.

An executed purchase agreement!

Anyone running the BRRR strategy in Vancouver WA area?

I want to update this thread I received a call back from the initial lender, turns out he was mistaken after talking to his account executives he realized it was 6 months not 12 for the new ARV.

Also, ask if these properties are so flawless, why would they sell to an investor when they can sell to the retail market?

I think these are big "If's" to execute on for a new investor, although not impossible by any means. 

Real estate (just like starting any other business) requires a great deal of time in learning and executing your business plan.