@Drew Slew If you’re not comfortable with the constraints of the 1031 don’t do it.

@Drew Sygit I already possess the necessary knowledge and am in the process of due diligence to purchase a home.

Quote from @Drew Sygit: @Ken Chen under $50k => either Class C or D properties, neither of which we recommend be DIY managed remotely.Pontiac & the City of Detroit have properties that will meet these requirements, but are you ready for the corresponding challenges of dealing with low-income tenants?

@Sarah DamicoHey Sarah,Try @Drew Fein

Quote from @Drew Sygit: @Nathan Pethers recommend you use the BiggerPockets Agent & PMC lookup features since +95% of agents CLAIM they can work with an investor, but actually only know how to do owner-occupied transactions.Your PMC and agent should work together, on your behalf so make sure they play nice:)Hey Drew, I appreciate the advice,  currently have a few meetings with PMC and agents I found on here.  

@Nathan Gesner @Drew SygitMan!

Quote from @Drew Sygit: @Juan Hernandez is your management contract month-to-month?

Quote from @Drew Sygit: @James LuctamarIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING. our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

@Drew Sygit I will be looking into those areas also as I too have thought about Detroit.

@Drew Sygit I'm looking for an app (e.g., Lessen) that matches plumber, electrician (within area)... with tenant whenever there is an issue directly instead of going through me (landlord).