- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?

Hi @Noyessie Hubert that should be correct. 

I ended up having to pay for their tax preparer’s time to meet with me and make corrections.

Financing is important but your realtor will absolutely be the determining factor whether you purchase correctly or not. 

@Charles Perkins is absolutely correct about "collecting all receipts, properly tracking all income and expenses and your basis for all assets properly documented and recorded."

There were no bids to purchase it at auction. 

It is correct that there is no limit, but some of the aggregators and securitizers who purchase these loans post-close have exposure limits, such as $10 million in unpaid principal balance.

That's correct, I spend $140 per month on QBO ($90 for one LLC, and $50 for the other) plus my bookkeeper that averages about $500-$600 per month.Great idea, and yes I would do a trial for a few months using both.

And that’s just one property you are inquiring about 10 rentals, 10 exchanges, minimum 10 DSTs (unless you can sell a few properties at the same time).I’m not sure DSTs would be the correct route.

Just make sure the bed/bath count is correct as it can affect the income drastically