-The other properties, along with my wife's income provide enough income for us to live on if we live extremely frugally. 

It is, because in the end people let you down and over promise and under deliver and to tell you the truth cause I've dealt with so many now, some agents are very good and they listen as to what your buy box is and they provide comps and an ARV analysis and other agents aren't willing to do sh!

Our financial support highlighted our commitment to providing the necessary resources for successful real estate investments.

Unless they provided you proof of replacing the line out to the street with PVC I highly recommend it.

@Drew Slew If you’re not comfortable with the constraints of the 1031 don’t do it.

He's clearly passionate about this topic, and seems to provide objective and valuable educational content for LPs.Has anyone subscribed to his Substack, or taken his course?

In order to scale one needs multiple properties so they can achieve economies of scale through service providers.

@Troy Fisher was very helpful with providing a good contact and I had a 30-minute conversation with the person.  

As someone who is still learning the ropes in real estate investment, I'm not entirely sure what an experienced investor would estimate for these rehab costs, especially with the intention of selling the property, not renting it.Could anyone provide me with some ballpark figures for a rehab like this?

If you plan to expand your portfolio, starting with a 4-plex might provide a stronger foundation for future investments.It's also worth consulting with a local real estate agent or financial advisor who specializes in investment properties to get personalized advice based on your financial situation and market conditions.Best of luck with your investment!