Or you'll end up selling those positions fairly quickly and then negating the temporary advantage of the deferred tax from the 1031. 

Your debt to income ratio will be negatively impacted affecting your buying power/ ability to get new loans.

It may be more for your property which will already negate your cash flow without anything being allocated for repairs, vacancy, and CapEx.

No one answer is the concrete cause but if you get a few people saying it's dirty, smelly, or whatever negative feedback you may need to do some rehab.

It would be advisable for the potential purchaser to thoroughly investigate every aspect of the property prior to purchase, including, but not limited to, the location of the property, type of buildings, if any, on the property, determining what, if any, liens or encumbrances exist on the property, and any other facts which may be pertinent to the contemplated purchase.

For example we have one rental that has 3x in value and day 1 it was around negative $200 cash flow, today it is +300 cash flow but also have a huge equity and the tenant has also paid all the principal on this property. 

If you have ample time and want to be hands-on, I’d recommend choosing a market that interests you and building a team—including an agent, contractors, and a management company—to support you throughout the process.However, if you’re busy and don’t have the time to manage all these aspects, turnkey options might be a better fit.

>Seems to me that at scale, a portfolio like Luka's would indeed build wealth over timeIt is cash flow negative in a market that has an appreciation rate (2.17%) for this century below the inflation rate.https://www.neighborhoodscout.com/oh/cleveland/real-estatehere are some thoughts about your plan: - why perform a value add in a market where the value add does not add much value especially if the property will be acquired at no cost?  

I read a few negative reviews online but they appeared to be rants from individuals that hadn't done their research to understand the Pros/Cons and Cans/Cant's of a Trust Company. 

Quote from @Gus Delgado: Currently looking into the DC market for multifamily, but seeing a lot of negative information related to fraud, TOPA, pandemic relief for tenants, etc.