As an agent investor in the Midwest I'd be more than happy to discuss markets with you if ever interested.Cheers! 

. - As @Jonathan Klemm mentioned, passing on this load so that you can be more present and attentive to your family and not be essentially working  24/7, on-call for the needs of tenants and property emergencies... can be worth the management fees. 

You can also get away with higher fee's in places where people are drinking or out on the town.

Pm me or call  and we can discuss the details have a few lenders that i can use with this 

I did discuss with my accountant and he is unsure as he is not familiar with IRA rollover process. 

@Frank HinckI’m trying to understand the cost of fees, interest, points, as well as holding cost associated to the deal.

Their fees and interest rates were high, but they had the least restrictive approval terms from what I gathered.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

How many mortgage lenders have you spoken with to get qualified and discuss allowable down payment options?

My former boss and I have discussed partnering on flips.