Originally posted by @Dave Foster:@Jack B., Why not consider a hybrid approach?  

If you are subjective about your dealings with your Property Manager, it could help foster a better relationship between you and your property manager getting you better service.

Thank you @Dave Foster and @Bill Brandt for your advise.

Thanks in advance and looking forward to collaborating in the forums!!

@Brian Foster...and that's a very, very sad LSU Houston fan group this morning after the whoppin' Miss State put on them last night.  ;-)But, I digress......

Design-build is where the contractor and architect are hired at the same time and work collaboratively through the design with you, and negotiated contact is where you hire the architect to design the project and then negotiate and value manage the construction cost.

@Dave Foster may have an answer for you.  

Originally posted by @Dave Foster:@John Peters, There are a couple of ways to skin the cat but as you describe but it is also very possible that the transaction could actually destroy both your 1031 advantage and tax advantaged status on the other property unless that happens to be your primary residence right now.  

Agree with @Dave Foster on the 1031.  

A few months ago, I received a call out of the blue from the State of Oregon saying that a distant cousin of mine (a 3-year-old girl) had been taken into the Foster Care system, and they were looking for blood relatives to place the girl with, with the understanding that it was leading to adoption.