Was last year abnormal or you think the normMy guess is you will spend a lot more than $200k on an attorney with benefits etc. but if it cuts down in expenses it definitely is something I would consider and even if it costs a little more, having control with having someone in house does reduce unknown costs and risks. 

No reason to spend $1000-$1200 on a typical 1031 QIMathew 

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

My primary business is owning a wealth management company, and is where I enjoy spending my time.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

I'm looking for someone is willing to spend time with me and maybe teach/talk/travel around the city some.

To continue with the 8-unit example, you again end up spending many multiples of these costs to build a comparable portfolio of single family properties.Another disadvantage of single family properties is that there is only one tenant per building and if they stop paying or if there is a vacancy, the entire cost of that property is on you and your wallet until you can fill that vacancy and get the rent coming in again.

Every time I change cleaners, I spend at least 3-5 hours retraining on my processes and expectations and even then things are missed.

I have a goal of being able to spend time with my daughter and family.