The first response most residents had if I notified them of a violation was two fold: be pissed off and point fingers at other neighbors who they thought were also violating the rules.

The other criteria may have an explanation (divorce, business folded, health care expense, etc) but there’s no explaining that you don’t make enough money to pay the rent.

Any type of investment real estate that you intend to fold for productive use qualifies for a 1031. 

Kitchen tables, nightstands, desks, and more can all be folded out of sight when not in use, making spaces flexible for multiple purposes.7.

When you go at someone all hard core right off the bat, you will get 1 of 2 reactions....... you will scare the crap out of them and they will fold and do whatever you want.... or they will see it as a threat and a challenge and dig their heals in even farther.

The transaction is two fold.

I've built up some experience completing flips and buying rental units on my own – and now would like to start bringing some other investors into the fold to secure deals on a more consistent basis.

I'm asking this because hypothetically, if the previous owner purchased the same apartment for $5MM years ago and in the offering memo it shows tax as ~$500-600K, and I purchase it for $10MM, would the property tax increase nearly 2-fold just because I accepted a higher price than what previous owner bought at?

We will be seeing a lot of these companies fold as interest rates climb, spending tightens and the market self corrects. 

The benefit to having specialty contractors is two fold in my opinion.