Hi ChrisManaging out-of-state investments can be a great way to diversify, but it comes with unique challenges like relying on property managers and handling long-distance communication.

Another aspect that's important is to communicate to your relinquishing property buyer (Boston condo) that you're going be doing a 1031X and that they can offer you flexible closing time.

Should they have communicated better?

Can you imagine actually communicating with your borrower?

Communicate clearly about timelines and potential obstacles.5.

The seller and their agent hopefully did a good job communicating with that tenant to set expectations.

Yes, but they were not investor friendly and didn't have the best communication.

Not blowing off their communications and things like that go a long way.

If I were you I would get a good flavor from the tenants how they interacted with the previous owner, essentially, how they paid, how did they make repair/maintenance requests, when/why did the communicate with the owner, etc...

Safeguard strung me along for several months of late partial payments and very little communication.