I'm looking to pickup some multifamily real estate but the barrier to entry is crazy in my local market.

I agree.. just look at any large mid west or rust belt metro.. there is a ton of houses avaliable the question though will folks buy in certain neighborhoods where inventory is readily avaliable you can buy existing in many of these markets for far less than new builds.. so to me its really a neighborhood issue  a school issue a crime issue etc etc..

To see how much a 1031 exchange will benefit you in a sale you must first calculate the performance of your current property.

I’m looking to invest out of my home state, Texas, and have narrowed it down to 3 markets.

Seems Dutch is still out there doing Guru stuff but not for the benefit of Rad.  

Most times when evaluating a DSCR mortgage, market rent will come into play.

Quote from @Greg Gallucci: I'm starting to look into the Huntsville market.

A good real estate attorney can help you weigh the risks and structure things properly.As for markets, it’s smart to focus on fundamentals rather than personal connections.

I'm also concerned about the real estate market as a whole.

My first duplex was a turnkey, off market property.