Also, a little capital can be subjective depending on a variety of factors.

The only " what if factor " is the annual insurance.

Every day of the week has a difference amount of the demand in an area every month also plus the demand changes based on events and tons of other factors.

The nationwide factors that are driving the market apply mostly across the board, and a slack market likely indicates a very large downward trend in that area caused by an outside factor you don't want to deal with.

The condition of the unit is one factor in determining the effort, but the tenant can be a larger factor.  

Hi @Josh Freeman, No, the sale of the 40 +/- acres would need to be reinvested into other real estate (replacement property) to qualify for 1031 Exchange treatment. 

This does not factor future partnership deals with Cash Providers/private money lenders, just the deals we can do on our own at this point.

At 1/8 share, that's about a 45 days or a month and a half max factoring in 365 days in a year.

Where are you getting the market value and does that factor in all upkeep and upgrades that need to be done to the property?

Both of these factors make it less likely that the property will be able to rent for enough to cover all the expenses (let alone positive cash flow).Additionally, you will need to think about the transaction costs when buying and selling.