Low price grabs attention, great property retains interest, and creates a good selection of tenants to choose from.

It seems like the IRS is simply giving me as the organizer, or managing member the ability to choose one or the other scenarios, with either a clause in the operating agreement, or written on the Articles of incorporation/formation, or simply by a Members Resolution.

They don't do SFR and my prior PM almost exclusively managed 20-50 unit communities.

A lot of my out-of-state clients are choosing to invest in Columbus OH because there is a lot of opportunities for flips, BRRRRs, and buy and holds.

They provided comprehensive reviews and helped me choose a system that fit my needs perfectly.

If you choose to NOT self manage and use a PM in this area, it is definitely difficult to cash flow. 

Some head aches are worse than others and you have to pick and choose those carefully.

I recently heard from a colleague that you can choose the Appraisal Management Company (AMC) used to obtain a mortgage from a bank.

Once the 1031 exchange is completed (again assuming 1031 compliance), I can continue to rent the property indefinitely or at any point after 2 years of rental, use it as a primary residence and thereafter living in the property for at least two years qualify to use the Section 121 Exclusion to eliminate capital gains entirely (gains estimated to be about $70 K, well under the $250,000 single filing limit).

Sounds like they don't qualify for a Section 121 exemption/exclusion.