Whereas if we were doing a traditional 1031 exchange where they became the solo owner of a new replacement property, I would not be able to participate as a co-owner and still receive the step-up.

He would let me know items had been completed only for me to find that they had not been when I went to the property.

It makes a little bit of difference on big-ticket items, like buying a car.

That will generally give you the amount of units possible, but then you have to take in consideration other Items for example, Property Setbacks, Easements and the Such.

Elizabeth thank you very much that was very helpful to actually get some statistics of what investors are doing traditionally, but still remembering to keep in mind your market.

Shopping by sales and rebates for high-volume items is also a great savings. 

It's also used to advertise homes and properties for rent.However, Craigslist is also known for robberies and scams of personal items such as phones and gadgets.

so do a little shopping always get your home inspection and look out for the big items that could cost you the most if they failed.

I have a personal rule I call the "75% Rule"...If a large/capital expense is being consider, I'll determine if the item is past 75% of its typical useful life -- if so, I replace it.

And also that may be one item to think of, what happens if you have to leave  and who will handle the place (ie outside local management)....