@Josh FugleI'm certainly bias, but I agree w/ Bill Brandt's general analysis.

However dependent upon taxable income you could get away with a pretty low tax bill due to favorable capital gains tax rates.Be sure to work with a qualified intermediary and a tax professional to ensure you comply with all 1031 exchange regulations and to be sure you keep basis correct as all a 1031 does is defer your gain.Happy to help run some numbers or do some basic analysis for you if you would like. 

Recently, I started using CMA (Comparative Market Analysis) to get comps.For those of you who are familiar with CMAs, do you have any pointers on how to best use them?

Building : 1878 /2008 Renovated.Price : $600000 Asking Total Tenants: 15 & Monthly Rent : $21173Deal Analysis Value Over Time Can you please let me know what else is missing in this to get more accurate deal analysis.

Analysis wise - theres a ton of variables that come into play when seeing how well a home will perform.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

They should be using a net rental income analysis which would produce an income figure specific to each property based on your reporting on Sched E.

The bank underwrites the loans using a traditional "market" rent analysis for the property.

They are expert in doing this and analysis of the property.

You’ve done a thorough and realistic analysis.