There is intent but also not really a hard time given you have to hold the property for.Most case law the legal experts feel comfortable at 1 year but people have exchanged with less time before.Look up Exeter 1031 on here and there are numerous others.No legal advice given. 

If your goal is "cash flow" and it should be if you want to live a comfortable life from now on, you can take a look at a couple of spreadsheets that give you insight into how the numbers work.

I have bailed out numerous undercapitalized investors that have gotten way over their ski tips drinking the sub too coolaid.. it does not go right and I can tell yo the seller is going to sue you.. and or file a complaint at the AG. 

If it is a lower class tenant, I suggest you make their life easier so there are less excuses. 

I want to make their life easier so I get paid!

We'll be sure to be very specific about what happens with any life events in our operating agreement either way. 

Now I am here with a steady job and I am in a place in my life I am able to take risks and really make the moves to reach “my why.”

You'll have to do your own screening.Hiring a property manager should reduce stresses in your life. 

Check out my personal favorite, Set For Life by @Scott Trench , or The Total Money Makeover by Dave Ramsey. 3.

So far I've read the following books;- Think and grow rich- The four hour work week- How to win friends and influence people- Your money or your life- The millionaire next doorYour input will be very helpful towards helping me achieve my real estate goals in the future!