Quote from @Nick C.: First experience with a 1031 exchange and DST. 

I accept them and mitigate the risk by (a) screening the animals, (b) having a solid set of rules that are quickly and fairly enforced, (c) regular inspections, especially for cat units, and (d) charging a monthly pet fee.Let's say I have five single-family homes.

Your aunt does not want to agree to sell the house b/c of a partition since it will leave her daughter out on the streets.Gather the paperwork you have and speak with a reputable attorney with experience in these matters.

Homes here don’t usually hit the 1% rule, unless you’re in a C-class neighborhood.

thx yea I mostly do class c single family in VA and NC.. a fair amount of section 8. thanks for the feedback 

Here's some hopefully, helpful cut & paste info:------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

My first property, a C-Class multi-family in Houston, seemed like a great investment, but it turned out to be a money pit.

This is my first investment property in a C class neighborhood, and I thought I had some good tenants, but there have been 3 late payments for rent in the 5 months they have been leasing my rental.  

As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.

C