Is your 2nd property going to be a strict investment property or are you planning on doing an owner occupied loan?

You don't need a local company since the 1031 exchange is a federal tax code part of the IRS.

I may have heard of people self-closing quickly with minimal risk after an owner and encumbrance search and DD with the city and county as to permits, utility bills, code violations, assessments and taxes.I may also have heard this isn't recommended for beginners at all. 

The only challenge is lending has been strict for MF many require 40% down (if you do not have MF experience or portfolio) due to covid19.

@Duane Alexander, What's the zip code? 

With the high cost, high taxes, strict land lord restrictions, and older structures the number just don't add up.

The Tax Code offers so many opportunities to those who know how to utilize it.

I believe AirBNB would be an easy way to manage renting your unit, but handling the cleaning, code lock changes, etc. would be difficult remote.

With COVID-19, banks are getting more strict with lending and require more down payment so it would be unlikely to secure a loan with such low down payment.

I sent them the door code a few days before their stay.They trusted me not to scam them and keep their money and I trust them to take care of the house and leave at the end of their tournament.