Traditonally the industry uses "Comparable sales" to value 1-4 unit properties.

Thank you in advance for any advice.

Besides the up front cost of the offered purchase price, title insurance, the tax bill, and annual property taxes, what other potentials costs should I be aware of (also mention any negatives to be aware of).Thanks in advance.

Thank you in advance for your response!!

Thank you in advance for any insight.

., and not just because i'm in the industry but because I use the tool myself and have for years.First I'd never argue that a 1031 is right every time. 

Been reading numerous personal finance books and lurking BP for a few months now, but the savings are finally shaping up, so I've decided to take it more seriously :) I'm a recent college grad from the bay area who's been in industry for about 1-2 years now and I'm really interested in setting up a positive, reliable cashflow for myself to reach financial independence.

I just recently got interested in the real estate industry and have been doing nonstop research over the last 36 hours to kinda get my feet wet.

Thank you in advance for any adviceRespectfully,Anthony Wright

Sounds like you've been doing a lot to educate yourself on the REI industry.