Couple other things to consider, property / school taxes are high, and tenants have lots of rights.

Will the property taxes skyrocket?

We already paid them a pretty sizeable entry fee ($30k) to cover some of their equity and debt in another project.

Make sure you do your math correctly when analyzing property taxes…they will be eye opening.

Baselane has the added advantage of synching with your Schedule E you'll use at tax time to file your taxes.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Make sure your financial advisor understands real estate taxation, financial planning and tax planning. 

However, there's a loss on the 2023 Tax Returns, and Net Income is $45,000 in 2022 (Client has lots of writeoffs) What loans could I use that only consider:- Bank Statements - 1099s - Credit Score Please contact me with options.

That immediate tax savings in the new property is better than the infinite tax deferral of the 1031 exchange.

Taxes are private, 1099 are private.