However bigger rewards come with bigger risks.

You open yourself up to a lot of issues and what is the reward?

We have the benefit of having a newer construction (2005) vs. most of the other properties that are circa 1920 with all the small rooms, but more 'charm'. 

Being a real estate agent is not easy, and you will work around the clock, but being able to help people purchase investments and homes is extremely rewarding.

All jokes aside it would depend on your risk-reward comfortability.

If you have friends or relatives in other areas, leverage their expertise of the area and they can be your boots on the ground (don't abuse their time of course) and you can reward them financially if a great deal comes along!

It's not that easy but that's why it can be very rewarding.

Even then, purchasing "stuff" isn't as rewarding as one might think. 

But, without risk there are no rewards. 

Any payments made to the sponsor for the 1031 exchange must reflect the fair market value of the services rendered.There are some disadvantagesShared risk means a shared reward - Sharing a portion of the risk for the investment means you're also required to share any rewards from it as well.