They you can do supply and demand around your property allocating just a portion (say 50% if the circles over lap by half as an example) of the properties from 6 miles away as competitive against your supply. 

Then you could sell and do a 1031 exchange the other 2/3rds (or however the allocations worked) and purchase a vacation rental condo down south that you use some for vacation and generate some rent as well.  

@Stuart LevineWhen you purchase the house, you will most likely need to sign a deed transfer with a purchase price allocated to each parcel (property).

I like the fact that by having four people, we essentially can have more people to allocate towards each task while mitigating risk and learning errors in the early stages. 

Personally, I’ve broken down my budget into weekly allocations.

One of the agents I'm working with sent me this property and it is a turnkey rental so I don't expect to put much at all into repair costs, I just tried to play it safe with $1,000 allocated to that.

I have no problem doing the same for this loan, however, I’m running into some issues.I’ve searched some BP contacts in the the section allocated for that, I’ve called multiple credit unions, and some small banks and it seems I’m getting a lot of run around, transfers to different people and referrals.

Previous projects and allocating the right general contractor, where would you find them? 

I do not see allocation for CapEx, and 3% vacancy is that a bit optimistic?

Also the irs requires you to allocate between qualified and non qualified use period for cap gains.