I have a demanding career, family life, and hobbies that do not include home improvement. 

You may get lower splits to start out but it will give you a great jump into real estate and your future career. 

The trend I've observed over my career, having assessed over 1000 MF transactions the focus tends to be predominantly on the Net Operating Income (NOI), rather than the replacement value of the asset.

In order to make that happen, we are considering selling the land and taking what little profit or equity from that sale, and saving up to purchase property in this other location we decided would be more suitable for our retirement.

I'm at a turn in my career where having 100+ units isn't sexy on top of that I like restoring communities by removing blight and offering employment opportunities and strategically in LMI areas that just have a stupid dogmatic mindset by the greater population that it's not an "ideal" area (i.e.

I'm considering diverse options for reinvesting the proceeds ($200k+) from a planned 1031 exchange and am open to various strategies:Las Vegas/Reno: These markets offer potential for both cash flow and appreciation, but I'd need more information on their suitability for mid-term rentals and current market conditions.BRRR strategy: This approach could be attractive for value creation, but I'm hesitant about out-of-state management and require a turnkey or experienced team to handle renovations.Other locations: I'm open to exploring other markets offering favorable investment opportunities, particularly turnkey properties or areas with manageable maintenance requirements.My preferences:Turnkey properties: Minimize management headaches and focus on cash flow.Limited appreciation: While some appreciation is welcome, cash flow is the primary priority.Shorter-term rentals: While Airbnb isn't an option in my current area, I'm open to exploring short-term rentals in other markets.Avoidance of major renovations: My recent experience has solidified my preference for well-maintained properties.Current portfolio:3 duplexes in Missouri (mixed performance)1 single-family home in Memphis, TN (turnkey, positive experience)Questions for the community:What are your thoughts on Las Vegas and Reno as potential investment destinations?

The value comes from the conversations ahead of time that minimize taxes by providing a framework strategy and an evolving pathway that changes with each conversation with your tax strategist and new deal that your investing career contemplates.

I don't want to lean on realtor income forever, I am looking to start my investment / wholesaling journey and make that my career.

As for the steps you should take, I would first find a market that is suitable for you and showing signs of potential market growth.

If you'd like to know a little more about me, please read that post and feel free to comment or send me a message.I currently have a career in the blue collar industry as a Crane Operator.