My fiance is a doctor there and it's definitely past time to shorten the distance between us, and of course I'm looking forward to this next step in building our lives together.HERE'S THE RUB: I just recently became licensed in CA (it's been a plan of mine as I want to invest in more RE) and because 1- I need to sell my primary residence in lieu of moving to Detroit, and 2- my parents are looking to unload a few of their rental properties starting this April, so I may as well make some easy money being their listing agent.As there are a lot of moving parts, it can seem a bit daunting: My tenants' leases will end in May so I can have time to clear everything out, move my things to Detroit, and get the house up to market.I will have to find the best way to step away from my FT job here (as they don't operate in MI) and I've started researching jobs in Detroit****The main complication about the job hunt is: I want to find something that of course will provide a stable income as I acclimate to the new life in Detroit but I also want to have enough time carved out to start finding flips and rentals AS WELL AS facilitate the selling of my parents' rentals back in CA (which is one of the reasons I got licensed remember). 

Basically a commercial MF property is valued based upon the Net Operating Income (NOI) generated.

I am currently looking to speak to a broker who is operating under someone else's brokerage in the Cincinnati area.

They were familiar with the operations of the property.  

The entities have separate ownership as well, but for all practical purposes, it is one company operating under the same roof with the same objectives.

I feel that gives me an edge as far as the daily operations of a larger building.

Depending on your size of operation, this time consumption can really start to add up.  

If you are looking outside of your area you need to know you are working with a reliable and experienced operator, consider looking at turnkey homes.Message me if you need any additional advice.

If Josh or any of the other admin can assist me with blocking this guy it would be much appreciated.I will let the BP community decide for themselves on whether the rental rates increasing  (which will increase your net operating income) will effect your cap rate.

I agree with Lance. 1031 money is for purchase- not operating expenses.