Again though W2 is the key component.

Whatever you do keep in mind property management is the most critical component to an investor's long term success in rental property, especially when the investor is out of state.  

Enter all the components with their useful lives, remaining lives, and expected replacement costs.

A key component to successful rehabbing is identifying every aspect of the process where you have control.

Good luck out there.Actually, I was seeking a list of strategies and their variations that will allow me to do deals via the 2 components of the HML funding deals at 65% an any sellers that I come across that are willing to wheel & deal w/a 35% carryback for what I for see as "lump sum now - cash over time - and a lump sum later."

There is the real estate component which qualifies for 1031 treatment and there is the personal property which may only be exchanged for like personal property.If you're simply wanting to go buy new furniture out of your 1031 that's not as easy unless you close your purchase and use an lOC on the new property to purchase the personal property.

Reading about these important professional components of a deal, I can see where they are all necessary.

PLUS you will be rewarding the Tenant's loyalty by giving them a discount on their rent.When figuring options like yours, you have to balance all of the components. 

I would say no matter where you go, I personally would concentrate on cash flow as much as possible and/or properties that have a forced appreciation component. 

I would also do a very thorough inspection so that you know what you are buying and the life expectancy of the individual components (i.e. life of the roof, condition of plumbing, electrical, etc.).