With the right project, you can pull out 100% of your equity when refinancing and "repeat" the process.The key is to buy low enough in an area that justifies an ARV that will allow you to pull out all of your cash at a ~70-75% LTV.

Unfortunately, your accountant is right about this one.In a 1031 exchange, the goal is to roll over all the proceeds into the new property to defer the capital gains tax.

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I have a partner, and he has gotten all of the paper work/licenses done, now we just have to actually get started. 

You might be able to get a better yield by finding a value-add project or a BRRR type property, but the market rate stabilized is 4-6% probably.Just be careful of insurance right now, it's been going up and seems to have stabilized, but it's still all over the map depending on the specific property and who is doing the insurance.

It is best to know all names of all people.

I manage my own rentals and I also do all my own handyman/maintenance repairs.

We sold a turn-key investment that included all staff, systems, policies, and procedures.

Tenants pay all utilities)Taxes & Insurance:  $149 / monthPlease reach out if you have any solutions that you can provide or if you would like to discuss more details of the project. 

I manage my own rentals and I also do all my own handyman/maintenance repairs.