The list goes on.You can get a sense from that that how you'll manage in a particular area is really defined by a combo of a lot of external things and how you fit your services into the local market, and how to best serve the needs of your clients and tenants.Beyond all of those things, the best advice you can get, if you're serious about building a property management company, is to really think about what systems you want to put in place.

I do some commercial conversions, and have clients who do multiplexes.

I started doing project management and charging a fee for it in addition to my regular agent services because I just couldn't justify working for free for clients after the sale and they kept running into problems trying to manage the projects from abroad. 

Coordinate with your accountant to ensure that no accidental gain is recognized.

Alternitavely there are many that work remotely with clients all over.

I welcome these conversations when my client is seeking a mortgage.I am not in the mortgage business, but I have learned over the years that lenders may add back certain deductions to arrive at the mortgage-qualifying income that he or she will use. 

I'm hoping to work with an agent who has experience with clients interested in investing in these types of properties and someone who can send email listings of possible deals.

the challenge of course is going to be to find the right replacements and fit into the identification calendar as well as the potential nightmare for funding approval given the moving pieces.If that proves daunting you could also think about buying one or two properties for cash and then refinancing them immediately after the 1031 to access the money for the next two.And yet another option that a lot of our clients are choosing these days is to separate the cash and debt as a form of defensive investing. 

While you are turning an existing building if it is not completely vacant there is at least some income coming in whereas ground up it takes cash,cash,cash and long times before the money comes in on larger projects.I have a client building a similar size in Salt Lake, Utah but again the higher end renters make the most sense for new builds.

Find out who your recognized local lenders are; BiggerPockets has a rundown and a host of podcasts on the subject.