I own 4 acres right next to the Graton Casino  that could be my next project put in about 100 apartments and call it a day.. won't have great returns 5 to 6% but I will get them and not have all the stress and drama like what your going through...

Two appraisals were performed, and the values were $1,650,000, and $1,600,000.  

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

We are always performing at the top 5% of our market per AirDNA/LSI Tools which means we are contributing to our cost. 

It took us approximately 9-months to turn this around from design / permitting to construction complete.After performing market research, I identified a lack of 3 bed 2 bath apartments in the market. 

You'll also get the best relative tenants and the least amont of headaches.As you go down the alphabet, from A, to B, to C, to D properties, the relative appreciation decreases, but the cashflow increases - along with tenant performance issues and thus performance risk.What you want to pursue will dictate what areas to invest in.Let us know if you'd like to know more about Metro Detroit options.

G'Day Elvin,I could write so much here but will just let it be.I suggest staying very hands on and super super diligent.Keep us posted on the performance of your portfolio.Wishing you the best

Any reason you're considering tax liens over just a performing mortgage note?

It's amazing the knowledge that a professional who's been performing 1031s the past 20 years.I've done several webinars with Dave and he is often used in our communityGino