Upon talking to them about being timely with their rent as their rent payments helped to pay the mortgage...

As an out of state investor, I made the decision to pull my equity out as construction costs in the area are incredibly high with limited availability right now.I completely agree that luxury rentals would be my prime target for a 1031.

It was more intended to run it through the community to see what other ideas or info could assist in helping search for my first property. 

I would want to keep extra for reserves along with contingencies, plus if anyone in the area has stored away the 10,000 for a cost segregation details on that would be helpful too.

Happy to help! 

I use a combination of CashApp and a website/app called "Rent App" which allows 100% free rental payments, and also helps tenants build credit.

I have read a number of bp books and have built up a solid amount of business knowledge especially in marketing as I have helped with a number of marketing oriented projects at my church.

I have light handy work from helping in my wife's business.

I'm particularly passionate about Pennsylvania and Upstate N.Y. and multifamily properties.Outside of real estate, I enjoy spending time with my granddaughters, my dog, my church family and helping others. 

You'll find a wealth of knowledge and support here to help you along your journey.