Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC.  

@Syamala Pullakhandam, did your tenant contact the water company and explain the situation?

Any suggestions on a good 1031 exchange company?

You also need to at least talk to the electric and gas company to find out their processes. 

i want to keep the group small. not like industry scale crowdfunding.if I can find a property which has okay cashflow (which is hard anyways). and can collect around 10/20 people who wants to invest some cash each.I build a company to own the property and give each person a share. and give yearly dividend to each, until sold.

.- Maintenance when tenants are staying, what you said is doable too, the only pain fall that I am seeing is to trust the maintenance company and do a recurrent inspection.- Urgent maintenance issues, this is the most tricky part, in my case I have 3 of these situation and the go-to contractor didn't even answer the phone, so I had to find someone else, so made many calls to get this sorted quickly.One of my investors lives in Chicago and found that the house was destroyed when the tenant left so his wife came to Dallas for 2 months to fix everything so they can put back in rent. 

I had to deal with my insurance company to get one month of rent reimbursed for the first tenant that ultimately had to be evicted.2.

I saw company a few months ago.. 

But as @Gino Barbaro mentioned, rural has its own challenges - fewer PM companies, lower rents, and less appreciation. 12-14% CoC isn't impossible but very difficult.

Cant go wrong with  Crestcore or Reedy & Company.