All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties.

I think something like 90pct of the sexual assaults against children for example are not from random people abducting kids off the playground....it's a relative everyone knows.   

Interview a handful of property managers and go with the one that will suit your needs and fulfill your goals.

At this stage I didn’t do any title research or engage anyone else to do it– all I did was shortlist 3 property auctions which fulfilled all my criteria - drove around the neighborhood, looked at the properties from the outside, spoke to neighbors and essentially shortlisted 3 that I could potentially pursue for further due diligence if I really wanted to pursue with it.

My concern is whether or not I have the ability to "help" a tenant find a new home once I take ownership to allow me to fulfill my loan requirements of a using it as a personal residence.

I've never had a non-represented seller ask me to show proof of funds, and realtors that ask are just making sure you're not kicking tires just to kick tires.And you are correct in thinking that once you offer is accepted, it doesn't matter how you fund the deal as long as you still fulfill the terms of the contract.

You should meet with the PM immediately and terminate based on evidence that they did not fulfill their duty.

So rather than nullify the 1031 it fulfills it completely. 

They still fulfill valuable and desirable needs for many people.  

Sounds like you've had a very interesting and fulfilling career in REI.