Only the Investor can determine how aggressive or conservative he wants to be in structuring and undertaking a tax-deferred like-kind exchange.

Still, 90k is a massive undertaking, even in high-priced Connecticut.

I am a professional graphic artist and set designer in the entertainment industry.

Happy to provide more details / but just wanted some advice and seems like a really good opportunity but is it too much for one / two person undertaking?  

It can be a big undertaking, although there can be profit in it IF the numbers are right and IF you have done your homework to know what you are getting into (both big “IFs”).

Avoid spec projects.Defer any major undertakings that will be capital-intensive, that project an exit strategy over the next two to three years, or that have debt otherwise maturing over the next four years.

Doing so though they want my personal taxes and finances, my property Mgmt finances, I have a repair/construction bness as well a graphic printing bness.  

Anyone have anything to add or see anything worth illuminating farther in the graphic?

I understand this is a large undertaking for a newbie.

So to encourage multifamily real estate owners to undertake necessary capital spending, the government permits them to take a depreciation deduction against current income equal to 1/27.5 (or 3.6%) of the building’s value at purchase each year.In other words, even though buildings practically have a limitless useful life, the government allows you to treat a multifamily property as if the property will become obsolete in only 27.5 years.