The location was good, and I was confident that I could get all of the work done, at a decent quality for a negotiable price.

Doing this will only make you more confident in your numbers/figures to know you got something good.

But if you have the drive and confidence that you could stay on budget and hit the higher after rehab value, this could end up being a good deal.

Not sure about where you should roll your capital but if you have any 1031 questions in the process @Dave Foster is the resident BP authority, a 1031 QI and can answer any questions you have along the way.

I don't mind not having control over the deal as long as I have confidence and trust in the operators and understand the model thouroghly.

Those are the two areas of analysis that I am least confident about and want to make sure they're properly accounted for.

Still I am not confident yet.

@David CanecchioI don't think you need to start smaller, from what you said with the numbers and the team in place, numbers look good and if you're confident in the team then do it.

@Brett AguiarTo clarify, the tenants obviously have no obligation to sign a new lease now, but start preparing one now so you are confident that you like it when it comes time for them to either sign your lease or for the next tenant.

I wouldn’t have felt confident that that’s all I had to do without your help, so I really do appreciate it tremendously!!