There are ways to minimize taxes if you work with a tax professional. 

Tenant in place, 2% rule met, minimal repairs needed, low upfront cost...what could go wrong, right?

My maintenance/cap ex number starts at $250 (attached 2 br, 1 ba, low maintenance yard with minimal hardscape, already well maintained, less than 50 years old) and goes up from there.Initial Cash flow in San Diego is challenging at investor LTV.  

Account Closed Have you considered house hacking to minimize living expenses (assuming you pay monthly rent), and then starting the trucking company?

So I am thinking it's just a matter of the banks don't write scripts on rental properties, or have minimal experience writing scripts on rental properties, so they are just saying no.Anyone know of a bank that does these types of loans for us more often? 

This should be a completely separate company to minimize chances of blowback from its investors. 

I believe the landlord laws are less favorable in IL and Chicago than in Atlanta, but when talking small multi-family, with good tenant screen process in place, that should have minimal implications. 

You want to minimize your taxes so you can reinvest and grow your portfolio, the 1031 is a good tool.

While most people invest for the highest ROI as possible while balancing and trying to minimize as much risk as possible, there are also other reasons to invest.

Most distressed transactions are off market and private, where the buyer(investor) is bringing all cash and no to minimal contingency in order to resolve the distress.