Some clients have chosen to pay taxes on a portion of the 1031 proceeds so that they can use it for renovation costs.Work with someone who has a lot of experience dealing with 1031 exchanges.

My suggestion would be to select someone with the most forum posts or most reviews.

E property isn’t going to be occupied by someone paying more rent than your over market payment.

It's not like in the private sector where someone decides to get a new office, and goes and rents one. 

@Paul Baldwin - I have found there are two ways to understand/learn something....find someone who already knows or teach/learn yourself...the later works, but just takes longer and often has room for more errors.There's no true cheat sheet until you have done enough projects in your specific area!

I would find someone here or a person at a local REI  to help you get to another level! 

What about internet and trash service?

Not only the management aspect they'd be providing but it would allow you an opportunity to "learn on the job" for when you plan on managing it yourself and also give you context for questions that you may have and someone to ask them to.

@Jeremy BourgeoisYou couldAlso refinance it from another lenderDon’t assume they will extend it as they could sell the note - or they also could increase the interest rate to whatever they want as they have you by the you know whatI would look to partner with someone on developing it

I called the lady and explained I have well over 12 years experience- she says I still need to go through this training.ThoughtsIf I was to hire (I would be willing to pay a small fee to have the “Boots on he ground” if I needed to have someone order a plumber, or whatever came up I would.