In that event i'd access financing, keep the asset and grow through refi.However, if your projects show anything like a decline in cash flow, attractiveness, future appreciation, or an increase in capital expenses then a 1031 is exactly what you need.  

As far as managing yourself, if you have the time and helper bees on the ground, and it is a home that attracts above average renters...IMO have at it as there is everything online and off to make that possible. 

@Allen Collier - I used to show my apartments while work is getting done and many people are unable to visualize how it will look. 

@KJ Miller Before buying, I'd look into the neighborhood and the type of clientele it attracts.

Blame it on the fact that it is attractive to millennials.

The purpose, in short, was to attract better tenants. 

While our apartments are not designed to attract the cream of the crop, do I create a criteria that demands better, or just be a little more loose and general?

But I think the truck will be more suitable as it would attract more people.

You attract better tenants with gas as well as decrease your vacancy.I thought gas would also add value but my dad thought it wouldn't change the arv at all.

Does other side rent to loud messy smokers with 3 pit bulls and a car on blocks in the front yard while you want to attract a clean, quiet, non-smoking non pet owning tenant on your side?