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.

I don't really operate up in your area, but good luck!