As others have said a partial exchange is possible, and common.

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

@Paul Lucenti It is common to equate acquiring more properties to scaling and many rely on buying lower tier market/neighborhood section 8 rentals to achieve this goal.

This is not very common after the first month or so as the tenant buyer gets settled in.

I'd be surprised if the complex doesn't have individually metered units so you may be able to eliminate the utility expenses unless those are for common areas like walk ways, parking lot or laundry.

Plus the infrastructure is growing, Section 8 is a great source for tenants, and there is a bunch of large employers there.

Columbus also has great macroeconomics - lots of job growth, population growth, and major employers developing here.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Through my studies, I met my current employer, who owns a construction company where I serve as the Sales Director.

Your question is a very common question, and I can appreciate your concern here.