Any contract or suggestion they give seems overpriced, whereas contracts/work I've found seems to be much more reasonable. 

@Rosalyn ScofieldI always suggest that investors and homeowners avoid home warranties.

These numbers suggest this could be a strong buy-and-hold investment, assuming the market supports your rent and expense estimates.Good luck!

Any advice or suggestions would be great!

My suggestion is to be patient and thoughtful. 

I'd suggest you ask as many questions as you can, there are a ton of people on here who are knowledgeable in many subjects. 

I would suggest calling them and asking for their redemption process, and take DETAILED NOTES. 

I agree with one of the comments below, follow what your friend is suggesting. 

I dont have any feedback for turn key REI but lots of experience with 1031X and my suggestion for you is to make sure you have a good idea of the exchange you're going into or at least the category of homes or type you're aiming for.

I think they can go very well if done right or poorly if not, and right.Here or a couple of suggestions.