Quote from @Brynn Walden: Hi,I will be completing multiple 1031 exchanges over the next 24 mths ( starting in June of 2024 ) and I am primarily interested in passive real estate investments as I am easing into retirement.I have a 30 plus year history of active real estate investing and management.Does anyone have recommendations for sponsors/syndicators/financial advisors that are reputable and have verifiable track records?

Thank you, and thank for details advice, I really like have no option period, in some of our offer, I think we should have done that, since we don't see much issue with the house except cosmetic, and even though there were issue with foundation and plumbing, they have been fixed with high reputation companies and with transferrable warranty too.

Ideally you want to make sure it's near a major highway so tenants have easy access points to their customer base, especially with the trade type tenants like plumbers, HVAC etc.   

Almost all reputable property management firms have strong indemnification and hold harmless clauses as part of their management agreement.

Land in michigan is less than in texas , north texas.I will give you examples on cost differences.Material prices are the exact same price if not a little less.texas framing price per sqft $2.00plumbing $9500hvac $9500concrete Labor only $2.00 per sqft  Concrete $180yd 5 sackdrywall $10500Electric $8000Ok here are the michigan prices , better sit down.framing $13.00 sqftplumbing $25,000hvac  $20,000concrete is about the same for materialdrywall $20000electric $25000Both quotes were for a 3/2/2 home with 6/12 roof hipPeople in michigan wonder why houses are so expensive , its because of the sub contractors.The plumber only has about $5000 worth of material to do a whole house but yet there still asking for $25000

I would strongly advise against it unless they are a true handyman, carpenter, plumber, electrician, etc.

Wholesalers that put out good deals get a good reputation. 

For example, an experienced plumber may suggest putting hammer arrestors on a plumbing system, to help alleviate potential water hammer problems (knocking noise) and prolong the life of components/fixtures/appliances, but the local building code may not require them.It would also depend on what you are doing the work for and how the deal #'s pencil out.

The contractor is responsible that is why you hire reputable licensed and insured contractors.

I was considering getting just SIP panels from china, and reputed SIP panel companies in china says they do not ship electricals and plumbing as local codes monitor them closely.