I guess it could work, except just like a property spreadsheet analysis...the world doesn't give a crap about your spreadsheet.Life happens.

Those three combined done nicely will make any house look great.

Understood; we have enough cash coming out of the combined transactions to replace the mortgage component of the current properties if we do a partial.

I am in the process of getting my money together (HELOC combined with hard money) and networking.

But there is a way to combine the two and have the seller carry a note but still do a 1031 exchange.

Im sorry if this is you but I'd be rich if I got paid every time I told a DIY'er they did a decent job, knowing it was crap.

People conflate wear and tear with cleanliness.A carpet can be slightly worn, with irremovable stains, but clean of dandruff, dander, and other crap.

I would assume that for any expenses within the LLC, those that aren’t part of the partnership (LLC filing, office/home expenses, etc.) would be combined with my share of the partnered expenses.

Those properties are in crap neighborhoods where no one with money wants to live.

Some have higher origination and interest but not a lot of junk fee's, and others have little fees upfront but a crap ton of junk fees.