Hello,I am in the closing process on my first rental property duplex.

And getting anything done with the city is a painfully slow process lately. 

That would give you a chance to experience the home buying process, the rehab process, and get educated without getting over your ski's. 

@Carlos Paz It was good for me, it's very straight forward step-by-step process.

Thought I'd share with you step by step how we move thru the process and such, since there seems to be alot of folks asking if anyone has done this, or just researched it.

Most importantly, there needs to be a good tenant screening process.

I agree with everything you said on the process.  

The only thing better than that would be the first option and actually complete the 1031 and don't pay any tax at all.Feel free to reach out if you'd like to process further.

Building the right team and assembly line can streamline the process, providing  guidance and support as you navigate a new market and grow your investment portfolio.

This can add to your expenses, but can also help streamline the management process and increase the overall value of the property.Additionally, larger apartment buildings may come with more regulatory requirements and tenant issues to navigate.