I was fine with all these numbers.Then I met with contractors...First, I wanted to add a new bathroom and approximately 450 sq ft of additional living space.

In addition, you want a separate bank account for the rental property to separate it from your personal accounts.

My last note would be to try to buy 3 or less replacement properties, it makes the exchange much easier and you avoid some additional rules.

Building a solid team is another crucial factor.

Of course you have to factor in realtor and closing costs on top.

This reminds me of how Alex Hormozie describes "the value equation"; Experience in this case is the factor that determines the likelihood of achievement. 1,000%Alex Hormozie is one of the greatest marketers not just alive, but ever. 

I'm not in that market so I can't speak specifically to it, but to me the deciding factor would be what the surrounding units and area has. 

With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?

Most likely you will need to factor this into your purchase price when making offers.Thanks.

Additionally, their marketing was very compelling.