Professionally, my background is in software sales but my overall goal is to transition full-time into real estate investment / rental property managementI'll be looking to acquire my first property via 1031 at some point this year.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

Most banks have restrictions and a Clause where the mortgage/loan becomes "Due on Sale".The biggest benefit of going from personal to LLC is to protect your assets against a law suit due to an injury or death by someone renting or using the property.

I would make the repairs, get tenants on track, and return it to the market while sales are still strong.

If you sell now without a 1031, they'll take that new sale price and compare it to your new adjusted basis; the difference is your total gain,  split between long term gain and recaptured depreciation. 

From a strictly sales standpoint you think multi guys do better than industrial?

Purchase price: $50,000 Cash invested: $33,000 Sale price: $133,000 "Experience exceptional investment returns with us!

Some leases include provisions for termination upon sale or owner occupancy but adhere strictly to the terms and any required notice periods.3.

No matter what you are pricing, a rental or a sale, you never want to price high and adjust it down because then people think something is wrong with it.

THE MOST IMPORTANT THING I LEARNED ABOUT SALES IN 45 YEARS IN REAL ESTATEI, like most people, thought exceptional success in a sales field was due to a unique ability of an individual to somehow “connect”, “convince”, or “persuade” people to purchase the product or service the salesperson was selling.