It’s looking like this will cash flow neg just with est mortgage payments plus insurance and taxes of $1100ish (after renovation), property management of $120. 

Is there a lien recorded on the property?

Then they will refinance that property after the 1031 is complete. 

I've come to the same conclusion for my properties when it comes to dynamic pricing tools.

I like one of our attorneys viewpoint (from our REI) who owns lots of property, He holds properties that have mortgages in his own name and holds larger properties where he has partners in an LLC.

Get the inspection report and check comparable properties quickly for condition and then go to the seller with your proposed reductions and be able to point out condition-comparable properties in keeping with your proposed price reduction.

It’s nice to have a million dollar property I didn’t pay for as part of my retirement plan… ;)Makes sense.

If there is little to no equity, the borrower may not be able to sell the property on the open market because it would require cash at closing. 3.

Invest in a system that will manage your leads and automatically manage your follow ups.  

What about the property makes it hard to comp?