The biggest red flag is poor rental history—always call previous landlords to see if they paid their portion on time and kept the place in good shape.

But if you find the right partner, their expertise (and capital raising) will make a huge difference in the success of the deal. 

.: I have a main company, that owns a bunch of LLCs, each LLC holds a single real estate asset. 1 of the LLC also acts as a management company for the entire portfolio.Now it creates a problems that with each LLC, I need to file a tax return each year. and so far I am doing them by excel copying numbers from bank statement, which is a nightmare.Quickbook online charges $24 each month in Canada, which really adds up with the number of holding LLCs. and I don't feel like what I require from it justify the cost.

I wouldn't let the time requirements of a 1031 exchange dominate your thinking at this stage in the market.

I'd check out the quality in the store first to make sure it's relatively comfortable.

You have an STR listed on the Airbnb platform.Why not look at the design of highly sucessful STR'S in your area and copy some of the best ideas?

I have not used them in the past.

One of the biggest hurdles for new investors?

There's an opportunity for a triplex that I'm excited about off the strip.

Be sure to check on the monthly HOA dues as well