All of the tools that you use to try to figure out if a potential tenant will be a "good" tenant revolves around trying to answer those 3 questions.

DM me if you have any questions and I can show you how it works .

- Land Contract would be better:)Question: how are you going to lose $2500/month if you rent?

@Brian Dolbeare This is a "it depends" question for sure, but in most cases street parking is pretty common here.

For barely any cost.The question at stake here is about value.

No one with a legitimate service dog hesitates to let you know they have them because you can ask those two questions and the answers should be instant and immediate. 

I've asked my clients a similar question and have developed tools for them to minimize this, but I find there are a few different types of clients.Manager managed - these folks have no issues as they simply upload their year end statement from their property manager, their 1098 mortgage statement and any other one-off expenses they may have paid for outside of the management company. 

It’s a great way to connect with investors and professionals in the Phoenix market who are active in residential deals.Looking forward to seeing how your journey progresses—feel free to share updates or ask questions as you dive deeper into the residential side!

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

So your question is moot.Now, if the syndication is willing to sell you a piece of the real estate as a tenant in common with the syndication then you can not only do the 1031 exchange into it.