@Adam Soyak and Account Closed is your guy.Or use the modern technology and work with any of the tax accountants on this forum remotely.

I'm curious as to how folks on BP are tracking asset/investment performance after closing.Most investors I've spoken with use some combination of custom Excel spreadsheets, Quickbooks or an alternative, and somewhat tedious reports from property managers.

I will admit now that my profession combined with my expensive market can force me out of buying properties anytime soon, but my motivation and interest in this field has overcome that fear.

Lots of households were combining because of this. 

They combine for about 1.2 million in value but return only about $4000 per month in rent. 

That fact, combined with the amount of time it covers, causes it to have limited usefulness that borders on irrelevancy.  

It is also likely that they have fallen behind on updates and some maintenance so it can be a real hassle for them to spruce things up to sell the traditional way.You can combine owner occupied and Absentee owners in a Low Financial Stability Score (FSS) list.

@Lindsay West Yes, she can combine the two strategies to avoid taxes, however notice the critical caveat pointed out by @Wayne Brooks: the part of the sale price allocated to 1031 cannot be applied towards her new FL home.

Similarly, newer buildings might only need cosmetic touch ups to bring them up to modern standards.This isn’t single-family residence where you can estimate an ARV (good points by @Michael Le), stick your thumb in the air and estimate.

Also it never hurts to do a combination of handwritten and professional letters.