The intermediary will hopefully educate you on the 1031 sequence, but the realtor of course can't be asleep at the wheel when it comes to identifying potential replacement properties and ensuring they close within the appropriate timeframe.We also have another property with similar numbers.

Both require a real estate license, but the license requirements in Mississippi are focused on sales and have little to do with rental property management.A rental property is a significant asset, and you want to make sure you have the best manager to ensure years of worry-free investing. 

Ensuring the property is clean environmentally might be the most important due diligence item; if you purchase a dirty site - REGARDLESS OF RESPONSIBILITY - you automatically assume all liability for said contamination.

Not necessary, but I always add myself onto the account as a backup to the account to ensure that utilities remain on and especially the heat to keep pipes from freezing. 

Does anyone know a good realtor/ property manager I can speak with in the area to ensure I’m looking in the right part of town?

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

We discussed it over the course of several days and he agreed to lower the price to $417K and was happy with a structure that ensured upfront cash flow for me.  

For example, if you know how much painting should cost (price per square foot) then when it's time to pay for repairs you are ensuring you do not get overcharged.8) Plan for vacancy and unit turn and have a reserve (unless you make enough money that you don't need it). 

DON'T trust a 3rd party on the price unless they have a scope of work from someone qualified to do the job to ensure the quote. 

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.