I've not done that remotely, but it could be done.I have a handyman that gets used appliances all the time and installs them in my rental houses when needed.It would take some trust or coordination on your part but could save you some substantial money.I'm sure you could find someone on the next door app that was handy and had a truck to go pickup stuff.

Be careful with pre- or post-exchange cash-outs, related-party loans, or refinancing timed too close to the exchange.7) Practical deal points.Lender & consents: TIC conversions almost always require lender approval; fractional ownership can trigger tighter reserves and covenants.Governance: Use TIC and property management agreements that avoid centralized, partnership-like control and keep voting rights balanced with true co-tenancy.Securities overlay: Syndicating TIC or DST interests can implicate securities rules—coordinate with counsel early.UPREIT vs. 1031: Rolling into an UPREIT via §721 units is a different deferral path with its own pros/cons.Common pathways that work:All-in exchange: The LP/LLC sells and that same entity acquires the replacement; cleanest when everyone’s aligned.Pre-sale TIC carve-out: Those who want autonomy receive deeded TIC/SMLLC interests well before closing, then 1031 independently; the rest exchange inside the entity.DST replacement: The entity or the separated TIC owners exchange into one or more DSTs for diversification and smoother financing.If you share a few specifics—entity type, state, lender requirements, member goals, leverage, and target closing date—we can map a timeline (including any seasoning), model the boot/debt requirements, and choose between same-entity exchange, pre-sale TIC carve-out, or DSTs with confidence.Jason — appreciate the CPA perspective and I agree on the basics.

We move over 80% of our deals on the MLS.The VA is trained to wear multiple hats (marketing, lead management, follow-up, Dispo, and transactions coordination).

Keep income and expenses split in proportion to ownership, avoid centralized profit-sharing or a manager with GP-style powers, and coordinate early with your qualified intermediary and attorney.

Coordinating with an estate planner is critical to ensure the transfer doesn’t inadvertently create a taxable event or complicate Medicaid planning.Refinancing / BRRRR strategy: Using the gifted property to refinance and fund another property can work, but you need to make sure lenders are comfortable with the structure.

Proc. 2002-22 lays out factors—make your docs and behavior align.)Exit & 1031 mechanics: Spell out how you’ll sell, how listing/price decisions are made, and how a split exchange (“drop-and-swap” or separate exchanges) would work in practice (timelines, accommodator coordination, ID periods).Banking & Reporting: One operating account, monthly reporting to both parties, and an annual budget approval process.

., using a property management platform to message tenants, coordinate vendors, or manage maintenance requests), they should also count.

But the real key isn’t just what they do… it’s whether the way they do it aligns with your strategy.Here’s what I mean:If you travel often and prefer written records of every update, a manager who only calls you might drive you crazy.If your investment approach is long-term appreciation, working with someone who only focuses on fast tenant placement — without an eye on tenant quality or property care — could hurt you down the road.If you rely heavily on construction or renovations as part of your growth, you’ll want a manager with established relationships and systems to coordinate that, not just a reactive approach.The bottom line: there’s no universal “right way” to manage properties.

To qualify for Real Estate Professional Status (REPS), your hours need to come from activities directly tied to your own rental properties—like acquiring, managing, leasing, coordinating repairs, or handling tenant and bookkeeping tasks—while unrelated work doesn’t count.

Negotiations were handled with the support of a professional Transaction Coordinator, which kept the process smooth between myself and the borrowing partners.