Such an innovative idea! 

Hemlane offers property management through our innovative model where we send 100% of the rent to you so that you can control and approve expenditures as well as have full transparency into the day-to-day so you always know what's going on and can make key decisions. 

Quote from @Dave Foster: @Sharma Parth, You are correct. 

HUD recently accepted my offer on a single-family house, and my bid price is 25% less than the market value, making it a great deal. However, the house requires minor repair work (e.g., several missing railing spindle...

Overall, treating borrowers with respect and empathy goes a long way in fostering a positive and lasting relationship.

Ask @Dave Foster for any 1031 questions…But I’d start with these…Are you planning to pay all cash for the replacement property since it will probably be either impossible or expensive to get the loan in the LLC’s name.Why are you putting the property in an LLC?

Share and discuss innovative strategies that have transformed your real estate investing approach.

@Dave Foster can help you out.

Make sure you’re approachable and responsive to tenant concerns to foster a good landlord-tenant relationship.Legal and Compliance Issues: Familiarize yourself with local landlord-tenant laws and ensure that you’re compliant with all regulations.

Oh and listen to @Dave Foster, he knows a lot and was my go-to guy for the 1031 exchange we did!