From my experiences, I would not take on low end rentals and all the risk and work they entail if I had the budget for a solid middle to higher end option.And finally, as you do start looking more seriously at actual properties, bring your questions here and weigh the various answers you will get.

They only know how to do owner-occupied transactions.Several, but not all, agents here on BP though, SEEM to know what they are doing.If they can't help you analyze ROI or cashflow, and just want you to offer asking prices, then what value do they bring?

Instead of focusing on the price, try thinking about the value they bring.

Mostly appeals to larger family units but we've had traveling nurses bringing their family, folks needing a place for outpatient surgery, also people between moves, etc. 

If you’re close to $150,000 in AGI, a few ways you can bring that down AGI is by maxing out a 401k traditional ($23k for 2024 tax year), maxing out your HSA ($4,150 for 2024 tax year), and if you have any capital losses from stocks (up to $3k per year), I would encourage you to have great bookkeeping to ensure you’re capturing all of your deductions appropriately on your rental property.

You can offer equity in a great deal and find tons of investors who would be willing to partner with you and bring capital/knowledge.  

Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat

I bring experience navigating complex acquisitions and supporting investor strategies here in Florida's Gold Coast. 

Hey Dave, since I have mortgages on these properties, would it make sense to bring cash to the exchange to cover the mortgage amount (or pay off the mortgage before doing the 1031) and improve the cash flow for the newly acquired property?

They might want you to stew in it if you can't do the rehab.Your best scenario would be to bring in a partner on the flip who is experienced and share the deal with them to get the experience if you can.