I’m not as strong in the other trades, but I have a keen attention to detail and don’t take shortcuts.

Where a trades-person would be liable for damage is where they were clearly reckless or damaged something completely unrelated.

For a property to qualify for a 1031 exchange, it generally needs to be held as an investment or for productive use in a trade or business, which typically excludes properties built with the intention of selling.

Now you could keep 1 boiler and put in a coil in the ductwork and use it as emergency heat . 

Trades are in high demand and tough to manage

Perhaps instead of buying 4 properties you should only buy 3 with the theoretical $100,000 and keep the extra money in reserve for emergencies, etc. 

The only thing I can think of that may be harder to deal with if I am not local is routine maintenance issues, but I was thinking I can just ask around for some handy man referrals to have at the ready in case those smaller issues arise, while I would instruct our future tenants to contact our service provider for any emergency issues. 

They also provide an after hours phone line to report emergencies.

@Keaton VolsTo expand your real estate portfolio and achieve financial growth, consider refinancing your property, saving for a down payment, implementing house hacking, partnering, exploring markets, building a network, educating yourself, diversifying into alternative investments, maximizing tax benefits, and maintaining an emergency fund.

But often it’s just the thought that you’re achieving something when all you’re doing is trading a perceived psychological benefit for future wealth.