UNLESS, and that's a big UNLESS, its on a prime block and already being professionally managed with a positive history for at least 2 years.I like @Jeff Burdick's recommendations. 

Need help from 3 professionals: a 1031 intermediary, an accountant and a lawyer.6.

Jay Jones you may want to consider that you might be getting “set up” by a professional tenant.

Daniel,If you are an accredited investor (earning over $200K for past 2 years with an expectation to continue so) then you have some other options besides turnkey. 

They looked like professionals in this and the sad part is the kid.

Do I have to mention any thing about his documents in the contract like Driving License # or professional license # etc?

Then they lock up after, and report back to us.If that trusted person is not a licensed real estate professional, they should inform the prospects to contact you, the owner, with any additional questions, and how the application process/screening works--they are not there to answer questions, only to open the door.Hope this works for you as well as it works for us!

I took your advise and after hours of excavating the podcast and meeting some industry professionals ( as well as some prior knowledge from books and courses ), I came to the conclusion that my niche is commercial apartment buildings, that has middle class tenants, with mom and pop owners.

Strategic use of debt is vital, an automatic assumption that more is better in every circumstance is unwise, especially for those whose real estate investments coexist with other income, professional circumstances, retirement issues etc.We are in an unprecedented period of liquidity over the last 30-40 years.

Good professionals usually know other good professionals.3) Your location combined with your marketing is everything.