I also wouldn't be where I am today in terms of my contacts and relationships with vendors, to be in a position to self-manage confidently out of state.All that being said, if another deal with the same amount of hair on it presented itself to me today, I would pass simply because my risk profile has changed.

Be careful of the snakes in the grass.

Usually, tenants are receptive to the idea but I also wonder if tenants with a higher credit score care less about this feature than ones with a lower credit score who are actively working to rebuild their credit?

Perhaps the numbers will turn out to be much better, but I'd be careful to not let your personal love for the area lure you into an investment that you might someday loathe due to ill performance coupled with management headaches.

Easy to tell that he is authentic & cares about people.Casual Fridays REI.

Investors should therefore exercise significant care when choosing their Qualified Intermediary because of the critical role the company will play in the administration of their 1031 Exchange transaction.It is extremely important to note that 1031 Exchange Qualified Intermediaries are generally not required to be licensed, regulated, audited or otherwise monitored by any regulatory body.

Be super careful if you're buying in Hudspeth County. 

Secondly all DSCR should allow you to close in the LLC without a rate hit.If you are going to take out any cash through a refinance in less than 1-2 years be careful of how many years they try and hit you with the Pre-Payment penalty. 

This takes care of collections and filters tenants to a large degree.  

The system is what's really broken:1) S8 should have a time limit - get free housing to get your life in order and move on.2) S8 should have strong requirements for taking care of the home taxpayers are paying the rent for. --- We haven't seen a S8 inspection report in over a decade that required a tenant to fix damages they obviously caused.