You create tight rules not conditions, these guys lack experience or if they have the experience they are too micro-managing just by reading the OP.I don't work with people like this.

Personally, I've been looking into more fixer-uppers and value-add opportunities where the initial purchase price is lower, and the potential for appreciation is significant.

Most lenders require you to have two new builds of experience.

While a lot of what you'll learn will be from experience, I do think there are some resources to increase your knowledge base and give you more confidence as you take your next steps.One book I'd highly recommend starting with is The book on managing rental properties. 

@Greg Parker, @Robert Hansen & @Peter Philando - Sorry for the late response but wanted to say thanks for sharing your experience.  

Their experience and unbiased perspective can provide critical insights that would otherwise go unnoticed.

If you do the latter, you need to screen the new person the same way you did the first person.

They can verify it meets current law, explain some of the more complex clauses (e.g. joint and several liability), and maybe provide suggestions on where you could strengthen it based on their experience.In my experience, most attorneys have very little experience with landlord-tenant disputes.

I’d imagine finding a lawyer that has 1031 experience already would be great to go with  

Since I get almost daily messages regarding small multi-family opportunities in Charlotte and find myself repeating much of the same information on the phone during intro calls, I figured I would go ahead and put my experience into writing for others who are doing research.