Use the 1031 to concentrate debt and concentrate equity. 

Which would be to concentrate on staring a Property Management Company, that also provides bookkeeping services? 

For me, it has been important to concentrate on a small, consistent geographic area.

Concentrate on getting your deals done, get some assets, build some equity first, then come back and look into asset protection strategies.

My point is, if you can squeeze it on your budget and still happy with the profit, then go concentrate on full time work AND scale the business.

.- I suppose it's not possible to get conventional financing because of the investor concentration above, which means it'd be probably hard to get out of this deal.- I think the place has been nearly (or actually) bankrupt, and the association has no reserves.- The only recent "comps" I can find is the large investor buying up two units which had been previously foreclosed, then owned by another party for a couple of years.

Our marketing efforts are concentrated On properties North of River through Oro Valley and North of Tanque Verde on the Eastside.

If you goal is to sell it to an investor . . . are you concentrating your marketing for that segment or to a homeowner?

Don’t look for the dealAnd concentrate in finding a GP with good reputation and good track record!!

I would concentrate on being a Realtor first.