Hi Beau, it sounds as though you guys are looking in a desired neighborhood as well. 

I am not a CPA and am not providing legal advice.

I would be very careful in working with a 1031 Exchange Qualified Intermediary that provides ("sells"0 replacement property solutions as part of their services. 

@Sean Regan We provide a breakdown on scoping based on "required" vs "recommended".

As they are getting paid to provide a service.

If uncertain, a financial advisor or real estate attorney can provide tailored guidance.

People don’t get paid a lot for providing a contact information on someone who say is in foreclosure.  

I’m a member of both, as well as an agent and investor, and they’ve been great resources.Hope to meet you at an event soon and always happy to talk shop about the Milwaukee market or multi-family investing.

Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.

In my experience it is common and customary for the landlord or builder to provide TIA, tenant improvement allowance, to the tenant to assist if not cover the majority of the internal buildout.