You need to talk to an experienced 1031 company.

Possibly consider being a money partner with a experienced investor that will do the managining.

Originally posted by @Steve Cohen:@Wesley W.if you serve someone a three day notice and after three days you start the eviction process and they make a deposit into your account. it will avoid the eviction process and you'll lose out on the money that you spent with the attorney and have to start all over againSteve, I had the same concern because I allow my tenants to deposit rent into my bank account, but I confirmed with my (very experienced) California landlord-tenant attorney that it's actually not the case. 

I realize most of the big name brokers like to take someone in, train them, get them in the office answering phones and observing the more experienced agents, etc. but I’m just not in a spot to do that yet.  

I am just simply looking for a more experienced investor to introduce me to the very basics of real estate.

We plan on moving out of the property in 1-2 years, and without us living in the property, we would be adding another ~$700 to the rent roll as well as property management fees.We're thinking this looks like a good deal from where we currently stand, especially if we can purchase the property for less than the asking price, but we'd very much like to run this by our more experienced peers and make sure we're on the right track before we jump into our first investment property.Feel free to ask us any questions, I'm sure we've missed a thing or two in our analysis.Thank you very much and cheers!

A experienced flipper with a experienced well seasoned crew would know exactly whatthis property is worth in it's peresnt stae and it's ARV.

That being said, if you've never done a syndication, I recommend partnering up with someone experienced to do it the first time around.

This additional information may help you in you decision making process.There are many far more experienced investors on this forum who would be willing to offer advice too.

The market expansion that we have experienced over the last decade has been built off of solid economic growth rather than lose lending by the banks.