I see three forces complicating things for many buy-and-holders using the 1031 exchange: 1) COVID is causing many to diversify their holdings to mitigate potential losses.

Ask if they have performed the same type of job you have, if they completed the job on time and without major complications and without multiple change orders and ask if they would hire them again.  

I am not saying it is unnecessary to have an estate agent, but it will become redunant and more expensive to have one.  

Also as I think through the mechanics of the scenario you proposed it becomes complicated.

Obviously, all of this is complicated by COVID and state eviction moratoriums.

In short, I try not to complicate investing in Real Estate.

I will give you 2 quick general examples.If a property manager is incentivized by a leasing commission, often times they can become more interested in getting it leased at any price rather than getting it leased at the best price. sometimes even giving unnecessary concessions to achieve that goal.  

It's a little hairy and complicated, but the bottom line is that both you and the LLC should be on the policy. 

I sent you an email, would love to discuss further.Question: If a property is $150k  and I only have $50k eligible funds in the 401k that can be moved, can I finance the remaining $100k easily or does that complicated?

At the time I had never done anything more complicated than renting to my roommates, so the thought of being a "landlord" from another state terrified me.