There's a lot to unpack in that data but as a general start for your thinking...I think you're on a good track to dump the underperforming rental and 1031 if you can exchange it into more properties like your other 2 properties.  

Hi all,As the title indicates...looking for suggestions for commercial lenders in the Akron area. This will be my first commercial loan due to the amount of units I am acquiring.My assumption is the loan would require...

When several of our multi's were originally purchased & had lower rents, we had a woman from a random social services group, (had the ID badge # etc) ask a LOT of questions about the properties.

I know this part of my response will be pretty unpopular but I just wanted to put it out there.But, on the business end of things, I can 100% understand not renting to the person because it makes your multi-plex much less attractive to potential/current tenants in the other units. 

Where if the project goes longer than anticipated you will be paying a high interest rate for a longer period of time due to using a hard money lender.Hard money lenders look at your track record and want to understand your experience level.

We’ve moved on to small multi-family properties.

Focusing more on the multi-family practical system for US markets. 

Just want to understand that if you have a long term rental property, would’nt you buy new (cheaper) appliances and get a multi year (say 5yr) cover?

We’re working on getting our first property, our plan is to buy a multi family.

Am i on the right track?