Typically a syndicator cannot structure  a deal like they could with a regular accredited investor that is not a 1031.I have not done a DST.

After repairs ($40-75K) you might not get much higher rent since it's long term Tenants.If you think it's a good deal, make it yourself and forfeit your commission - just negotiate the price down like it would be for the regular buyersGood luck!

Upper main roof first half replaced 8 years ago, second half replaced last year, and lower roof was replaced last month.4 Separate Crown Aruba Gas Boilers, regularly serviced and approximately 20 years old. 4 Separate Gas hot water heater (ages vary)Washer Dryer hookups available in basement for coin laundry for additional incomeExterior painted two years agoVinyl SidingProperty just passed state inspectionReplacement energy efficient windowsPurchase Price: $210kAppraised Value: $285kProperty Type: Quadplex/Turnkey tenants in placeArea: BUnits: 1-3BR, 3-1BRRental Income: $3365 Per Month / $40,380 per year (rents can be raised 5% upon lease renewals)Utilities: Separately metered, each tenant pays their own gas and electricHouse Utilities: Common area utilities are about $20.00 per monthWater/Sewer: Landlord pays water sewer at $125 per monthProperty Taxes: $7855 per yearInsurance: $2500 per yearLandscaping/Snow removal: $1221.00Vacancy: ???

I would get that checked.If its just regular foundation issues with a few cracks, its no big deal, that is Texas.

:)  It hides odors and stains.Get the oil based Kilz, and be sure to follow-up with your regular paint VERY shortly after so that it adheres properly. 

I regularly send out e-mails with MLS & Loopnet properties to my investors that are always 7%-9%, from Treasure coast to Miami.

I regularly follow loopnet, but it clearly does not provide a great selection.

Is this better than selling now and putting cash in pocket and paying taxes on top of regular income in 25-28% tax bracket?  

.- Inspect the property on a regular basis (min: once every three month) to check general status- In case things go south be able to evict tenant in a peaceful manner.- Charge rent- Provide regular (monthly) status reports detailing problems and other situations.Is there anybody with good references that can do the job?

also I should add that most regular non-investors (and many investors) use PITI when talking about mortgage payments. when he says 2600, he is more than likely talking about PITI. this is the nearly universal assumption when talking about "mortgage payment"