However, are you planning to do a 1031 exchange, or is this a primary residence? 

I also am planning to meet with my PM on Monday to discuss pain points and better expectations, I would love to hear what sort of expectations you set with property managers?

Second year distributions rise to 5.27%, third year 7.27%, according to the projections.Those projections may be at risk, for many reasons: the recent huge increase in interest rates -- increasing the cost of loans and decreasing valuations, insurance costs have skyrocketed, real estate taxes are up, labor and material costs for repairs & renovations have increased, etc.On the plus side, the majority of the ODC funds were designed to be high value add projects with plans to increase operating efficiencies, add tenants and raise rents.  

@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.

Get those young healthcare professionals butts in seats for an "informal first-time homebuyer Q&A" with you and a local lender that has some FTHB goodies (and maybe you offer some healthcare professional goodies, like paying for a home warranty plus a $1k credit towards closing costs - only for folks attending your Q&A).

I plan to sale the lots that way.

Personally I like to do things the "right way" and if you plan is to grow you may be better off hiring it out. 

If you're planning on investing out of your area and will not be managing the property, why don't you look at better markets.  

I would say sec8 is the pinnacle of requiring great management, systems, planning and methodology. 

For example, if you're planning a kitchen remodel, get multiple quotes to ensure you have a solid grasp of what it will actually cost.3.