You should speak with a CPA and a tax attorney to be safe.Regarding your thoughts about 1/3 equal splits - sounds good until you check out the cost of getting a DSR rehab loan or borrowing hard money.

Income where I live is equal to Cleveland????

The problem is the equal or greater value rule with 1031.

She didn’t even have to get involved with tenant issues, which is a win in my book.But here’s the flip side:Not all property managers are created equal.

They may not be able to use financing contingencies and may have to show proof of funds equal to the acquisition price but the money that hits the sellers bank account is the same whether its "cash" or a financed transaction. 

All things being equal on the asset side, the operation and systems put in place will make or break the performance of the investment but at this point that has almost nothing to do with real estate. 

If all things are equal consider who responds most timely and do so with a professional tone, text, and/or email? 

So Duplex under SB9 equals multifamily with ADU you could add two ADUs @Brad Sand.

My first base was Holloman... equally "fun."

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.