By then I expect to have a clear plan so I can move into action.

My frind in Omaha ended up picking up his second property sooner than he expected, simply because he’d built a small name for himself with one successful deal already under his belt.Are you feeling confident about the day-to-day responsibilities, or is there something else in the process that’s keeping you up at night?

@Tannia CastroRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Regardless, you might find the copy & paste info below helpful:)--------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Better tenants expect better and treat the property so.

With the fires in CA, you can expect materials and contractors to become even more expensive. 

I would say go for it if that is what you expect to incur in the future or you are still growing.

We are now married and I expect we'll file our 2024 taxes jointly.

Rates and expectations vary depending on the relationship and the investor's comfort with risk.

If you are interested in figuring out a great strategy to best deploy your 1031 funds I would be happy to share more information with you.The most popular markets for our investors are Memphis, Little Rock, OK and TX!