Biggest piece of advice I can give you is to get rid of your limiting beliefs.

The difference in this portion of the execution can be $30k-$60k/yr more money in your pocket vs. that of our competition all other factors equal (such as the property size/location).Next, to drive costs down, I co-host (only for clients) at 15% which is 5-15% less than the large PM firms.

Installing effective software for simplified documentation is critical for organizing and managing the massive amount of data involved in the due diligence process.Physical property inspections and unit walkthroughs are equally crucial as financial due diligence.

The influx of remote workers from both coasts to the Midwest for the lower cost of living, friendly people etc makes me think that Midwest prices will at least equalize with the US average over the next decade or so.I also agree with the challenges.

If you purchase within 6 months, do a DELAYED Financing, which allows you to access 80% LTV of purchase price with terms equal to a purchase (better rate than refi). 

Many people buy in larger cities like this because the paper cash flow looks sweet, but the reality of it, across the board right now - good cash flow equals lower neighborhood class, more variable tenancies, and tons of hidden capital expenditures.

Which unfortunately these comments require extensive legal time which equals a lot more money.

And if so, the 1031 would have to be for a "third" (or more) property equal to or more of the value of the selling price, correct?

Thus, bringing the borrower’s principal and interest at $1,949.63.Net Cash Flow for this may equal $808.66, with a 14.12% Cash-on-Cash Return.In this scenario, the borrower is looking for $68,746.00 to fund the Entry Fee.

Quote from @Mary Joe: As long as you have justification and you apply the standard equally to all applicants, you should be fine. 1.