If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Also start looking for deals to see if selling would beat what you are earning now, if it does not then hold till something good pops up. 

As long as your friend has no business or family relationship with you, you have possibly started a correct 1031 exchange. 

Some offers might get ignored or outright refused, but all it takes is one offer to get accepted or countered to start negotiations. 

If just starting out maybe do a small flip with a good mentor in your local market or buy your first rental to learn the game and start building that wealth.

When I started my preference was to work with realtors.

When you break down the numbers by individual properties using the first purchased property as a templated for the additional properties purchased however, you will notice that the numbers being used in the example are not scaling correctly.It took me some time to figure out why the numbers were not scaling and adding up correctly but I finally believe I at least partially figured out why the numbers didn’t add up.By the end of year 3 the 3 properties are owned for the following lengths of time and reflect the correct numbers associated with that length of ownership (loan balance, equity, property value, etc).Property A - owned 3 yearsProperty B - owned 1 yearProperty C - owned 0 years, it will be purchased at the start of year 4But by the end of year 4 the properties should reflect the following years of ownership with their respective numbers associated with the years of ownership (loan balance, equity, property value, etc).Property A - owned 4 yearsProperty B - owned 2 yearsProperty C - owned 1 yearHowever the summary total numbers that were provided in the book for all 3 properties at the end of year 4 did not add up correctly.

If so, should I be thinking about get rid of the property right away before the construction starts?

In my opinion, it is the best way to get started in real estate investing.

It sounds like you just started your RE journey.