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

I agree with everything you said on the process.  

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.

At least the process here will be harder than just a city council getting together and banning it overnight on a whim.

I think process/communication is what separate's the good from the great lenders.

Obviously, this can impact your overall cash flow. 6) it’s important to find an agent that knows the area well and understands how to work with an investor, as the process is very different than buying a primary residence. these are all things to consider, and there is going to be a learning curve associated with the process.

Getting into real estate investing is all about nabbing those deals. If you don't have a property to work with, you're pretty much stuck. Sure, managing what you've got is important, but without a deal, you're just sp...

Although it isn't considered a residential property, they still have to go through a sheriff sale process in Pennsylvania, for example, which takes several months.

I've been in this market for over 4 years and deals still make sense, but you will need to be more involved in leaning out processes and operations.