Are there any specific states where DTV does not matter a lot.( I am aware that DTI limits are defined by Freddie/Fannie)Investor is individual, no LLCs are involved:Thank you for your assistance.

It’s probably good to define the key returns / metrics you need to meet for the investment to make sense for you. 

ADU is not permitted, nor is an additional bed/bath in the main house.They're offering to sell to me under market at 700k (600k from lender, 100k 'no interest' family loan--terms yet to be defined).

What are thoughts and suggestions on how to define the success of the syndicator agent that’s fair. 

First, is the handyman providing 50/50 in expenses such as materials and payments.Next, define handyman.

The Service will not challenge whether a dwelling unit as defined in section 3.02 of this revenue procedure qualifies under § 1031 as property held for productive use in a trade or business or for investment if the qualifying use standards in section 4.02 of this revenue procedure are met for the dwelling unit.It's important to keep in mind that "personal use" also includes family, friends, or anyone else who did not pay FMV rent to stay there; if they paid FMV rent, their stay(s) would not be considered personal use.

The challenge is usually when it comes to creating a proforma or any kind of projection that can define a cap rate and cash on cash returns for example.

But I personally would never use a doc like this, as it much too simplistic to cover your bases.I.e. the clause of "Closing costs:being paid by buyer" doesn't define what qualifies as a closing cost.

The rest of your question requires some specifics, and that's still vague for me; that makes it a very good thing for me to think about and define.

I am getting the actual numbers from the county - taxes, talking to landlords, already understand eviction laws and def in search of a property management team to handle the maintenance piece.