However, I was unsure whether I needed to open a new bank to manage the finances associated with the property.

There are sometimes fees associated as well but they seem minimal and scale well since one line of credit can purchase multiple assets.Interested if anyone else is using this lending strategy and what your experiences/recommendations are.

That is not true.i also do not associate crime rate with cost of living and find it interesting that you do.  

My family also owned a construction company, so I have some experience in handling projects associated with real estate. 

In a 1031 exchange, you must reinvest all $450k and replace any associated debt to defer taxes fully.

By offering a larger down payment, you can position yourself as a more attractive buyer and avoid some of the challenges associated with competing in the more investor-heavy multifamily market.

Super nice guy, and a genius.You can also go checkout Divorce Lending Association and find a local CDLP if you'd prefer.

Plenty of reports and they essentially pay me with 4+% interest on associate accounts.

(If not, then you should, IMHO)We're all in sales ultimately, and keeping potential business associates on a marketing list is our lifeline.Also, if you were "politely told" that it's not a great fit - how is this a problem? 

For a yearly lease agreement specific to Phoenix, AZ, you might consider starting with the Arizona Association of REALTORS® (AAR) or another local real estate organization.