Follow up is critical and help you keep on schedule or to be a problem solver for the seller.  

In terms of efficiency, this is critical.

@Sean OToole  Also Property Radar is I personally think critical to this activity and Sean can give you the senate bill number that you should be studying to make sure your do this correctly.

This market may not be the best entry point for a newbie--screening tenants is a skill that is learned over time and it is absolutely critical to success for this type of property.  

Hello, I have been around the Bigger Pockets Forums for a while now but have never taken that critical first step.

It gets critical they are now flying there once a month to collect the rent so its not stolen... they get to about 85% occ.. then it starts going the other way.. these are highly transient folks that live there.. and now its going south quick the units that go vacant need big turn over again.. after a 18 months of this they are back to 50% occ. and took an offer of 600k to let the next person who thinks they can manage D class in Memphis take  wack at it.I have seen D class in  Memphis you need it razor wired.. you need full time security and police presence.. it will be almost all female and kids 

We always make sure it happens at closing regardless of what has transpired in the contract negotiation process because that is so critical to the success of the 1031.  

Jae,You don't specify how much to fix the property... and that is a critical number at this level.

But its also critical that we enjoy the time we have and not slave a way at a job we don't love in home of having "freedom" someday!

So finding a good contractor and reliable inspection crew to back up everything in person will be critical, as well as some good agents in the area.