In addition, being local would help me get my bearing the the real estate world.

Additionally, this structure eliminates the need for active management, as the real estate assets within the DST are managed by the sponsoring entity.As an investor your level of activity would include collecting monthly distributions, receive quarterly reports on investment, file taxes annually and exchange DST year 7-10 years (sometimes shorter depending on the market).

I recommend sending a text stating that you're glad to have them as tenants, you look forward to meeting the new addition to their family due in just a few short months, that you appreciate knowing that the stairwell doors have been slamming close and that you will place a note on the door to ask that the doors be hand closed to help reduce that noise.

My 1031 proceeds are half equity and half debt and I can not fund the debt component with any additional personal funds.  

Do you recommend having additional savings in the bank, if so, how much? 

You have LLC fees, additional tax filings to have it be a pass through entity and all for what?

& Birmingham, Alabama.In addition there are tons of other turnkey markets out there besides those listed above.

Instead, you might ask a portfolio lender if they'd forego the down payment if you give them a second lien position on the other property as additional collateral.

My deposit varies by size of the property but generally I’m charging 25-30% of the rental rate as the security deposit and I charge an additional refundable deposit for pets on top of an additional cleaning fee. 

I'm not sure if it's possible in my situation, because I know that you need to be self employed for at least 2 years to be able to get a loan, and I don't know if the lender will take into the consideration the money that I have earned before turning 18.