I have a great source for these types of properties and I'd like to take advantage of this if this is a good Idea.

So the competition for these houses in my mind should be the same.Am I missing something here?

Talk about all the ways that you differentiate yourself from the competition: timing, guarantees, etc.

You have only included 2 of the operating expenses and the mortgage payment.If you post the gross rents and your mortgage payment (P&I), we can evaluate this deal and give you a rational answer.Splinterlife, To take advantage of the capital gains exemption, you must live in the property for 2 of the last 5 years.Mike

As a followup to my initial post, the costs will not inhibit me from setting up properly - I'm more concerned with the most advantageous setup that provides the most benefits... even if it costs more.

Ive widdled the price down to 159k, and now Ive got an offer and another, both seem to embrace the competition.

If the competition offers a service that is time intensive but produces low results let them waste their time while you get on with it.John Corey

The TIC deals are taking advantage of a newish understanding of the 1031 tax code.

Definitely take advantage of their advice.A suggestion for the use of BP.

With a good estate plan though most get through without ever paying the tax and, like you, can take advantage of those dollars.