Seek them out and handle them before they become a crisis.

Seek them out and handle them before they become a crisis.

Again, the 1031 flexibility will allow you to invest into any type of this real estate anywhere in the country.

The 6 units are already rented with fresh 1 year leases as well that I have vetted and like.My question is whether I should reallocate my limited resources by selling some positions in the market to fund the 70k or seek a loan partner for the down stroke? 

If you are seeking to invest the gains from the sale of your property and do not want to use the 1031 strategy, look for a passive investment with a sponsor who is utilizing the cost segretation/bonus depreciation strategy. 

@Red Peterson not sure why you would want the 15 year mortgage as opposed to the more flexible and safer 25-30 year?

Purchasing the property as tenants in common gives you the greatest flexibility in a sale situation. 

I have no experience with condos and am seeking where to even begin to do my due dilligence, outside of reading blogs.

@Tyler Hahn I agree with them hire the attorney and seek their advice as they would know the real estate laws best in your area.

You mention ARV, are you also seeking Rehab funds or are you simply referencing what it could be worth after you acquire and rehab in the future?