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!

If you do decide to partner with someone make sure the expectations are clear and a good operating agreement that clearly spells out the responsibilities of each member is a MUST.

I've operated a successful wholesaling business for over 10 years.When I was first introduced to wholesaling, I was told it was a beginner's strategy. 

Just closed on one today :)Creatively you can get many revenue streams, advertising on the exterior, coin operated laundry, vending machines.

We decided up front, and wrote it into our operating agreement  (Yes, I have a formal 15 page operating agreement with my sister.) that all decisions must be unanimous.