Because you have to keep the same taxpayer as owner from the relinquished property to the replacement property I'd worry that the legal protection you'd want for a development TIC won't be there.DSTs have high fee but probably are the best path forward for someone who wants to be fully passive and avoid legal risk.

thank you for the input. we actually have 20 years of experience. are you saying that after we have experience with the company? 

TIA Why PM yourself, the 100 or so a month is meaningless, I live OOS and would never want to be bothered with the issues. 

The house has now been appraised at $265,000 market value. 1908 sqft. 

In this case, we tell the tenants we have two requirements, one as long as we don't hear complaints and the grass doesn't touch the house that become a liability for the building, and at the end of the lease they turnover the property with the landscape in the same condition as how they moved in, then however they want to maintain the lawn to maintain that standard, we don't care.

Hi Kim, welcome to the game.

I have a program that will go to 80% on a cash out depending on the state the property is in. 

The title to the home as been purged.

Any programmable thermostat that has the ability to lock the screen with a pass code should work.

@Sam Craven @Sonny Ngo Thanks for the input!