Is it worth getting into real estate investments that’s professional managed primarily to avoid taxes?  

Happy New Year,I'm reaching out to connect with professionals in the Pittsburgh area.  

Quote from @Miguel Del Mazo: Quote from @Jonathan Greene: Quote from @Miguel Del Mazo: We have 3 2/1 condos in our portfolio that attract traveling professionals (medical or otherwise) and a triplex that we essentially BRRR'd down to the studs.

It's always inspiring to see fellow real estate professionals who are passionate about learning and sharing insights.Phoenix is a vibrant market with plenty of opportunities.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

OPERATIONAL COMPETENCY CHECKLIST 📋DOCUMENTATION HANDLING 📑Clean, professional exchange documentsPrompt response to document requestsClear tracking system for deadlinesWritten procedures for identification period complianceSTAFF EXPERTISE 👥Dedicated exchange coordinatorsLegal counsel on staff or retainerClear escalation proceduresContinuous training programsWARNING SIGNS OF INCOMPETENCE 🚩Confusion about basic §1031 rulesUnable to explain identification rules clearlyMissing or inconsistent tracking of key datesPoor communication during critical periodsNo backup personnel for your coordinatorTECHNOLOGY INFRASTRUCTURE 💻Look for:Secure client portalsAutomated deadline notificationsElectronic document storageReal-time transaction trackingCOMPLIANCE RED FLAGS 🚨Suggesting aggressive interpretations of §1031Unwillingness to provide written guidanceCasual attitude toward identification rulesPushing timeline boundariesEXPERIENCE MATTERS!

Readers should seek professional advice.

Are they being professionally managed or DIY managed?

But still, I think it's a bit too high.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

With these additions I got comps putting the deal's ARV around 347.The punctual, timely, and professional contractors I met gave me quotes between 90-135k for my full project.