Thank you @Jaycee Greene and @Hossein DaneshIn sum:- 42 apartment rental deal (land has potential to add 32 more on  two small building but that phase would be out of scope for this initial stage analysis).- Negotiated sales price $3.2 (seller financed)- 30% DP @ 7% / 20rs.

Does anyone know of any folks in the Austin, TX area available to show properties to potential tenants?

Make sure to research lenders, get pre-approved, and calculate your potential ROI before bidding. 

A lot of investors start with something that's turnkey with value-add potential.

Because you're new, it is a good idea to ask about the brokerage's agent training offerings and potential teams to join to get experience. 

The IRS has challenged simultaneous "drop and swaps," so allowing some time between these steps is advisable.You hit this right on the head with your answer with TIC.You could also potentially do a Exchange Post Distribution (Swap and Drop).

Our vision was ambitious, and we were optimistic about the potential returns.

As for the increase in rental potential on the properties.

Investing out of state in the KCMO area sounds like a smart move; it’s such an interesting market with plenty of potential.

In the event that you don’t have money to build a cash buyer’s list first by using bandit signs or pulling lists and contacting potential cash buyers, you have two other options:Option 1: Attend local real estate meetups and or your local REIA meetings.