My goal is to identify ideal markets by connecting with licensed MLS users, and discussing their MLS platform features with the eventual goal of adding value as an Agent's Assistant.

@Kodi Clark This is something I know a little bit about ;)As @Ashish Acharya mentioned, certain purchases after the acquisition can qualify for 100% bonus depreciation (like appliances or furniture), otherwise you would need to have a cost seg study completed in order to identify the components within the property that depreciate under 20 years, (like 'personal property' and 'land improvements'), and are eligible for bonus depreciation.Whether or not a it will be beneficial for you in your situation should be discussed with your tax advisor.

I don’t think the repair has been identified?

I don't think I need them to close on the same day, just in the same window would be helpful for identifying replacement property.

I think most competent attorneys are likely to be able to help you with identifying risks. 

Add to it that they likely have several properties under management and my mind spins thinking of their operation.I would urge you, for your own benefit, to have a property manager manage your property and, if needed or once you have the right scale, have an asset manager (or a PM that does both but identifies them as separate items with fees for services provided) manage the rest of it (like tax and insurance payments.  

What are some metrics used in identifying a great market to enter?

Have you identified the market you want to buy in next?

The sponsor team is selling the property and have identified another property for a 1031 exchange.

Once you’ve sold your investment condo, you have a maximum of 45 days from the closing date to identify the property or properties that you want to buy.