Each one of these methods take a great deal of learning, planning, and implementing different strategies.

Implemented a system for property management that brings in higher-quality tenants and higher rents.

I have several other rental properties and have been able to implement the BRRR model in order to avoid large down payments at this stage, but how do you do that with an apartment building?

So I see it as a great growth strategy when implemented correctly.   

Surplus funds is a tough niche to get into and successfully implement.

Again, without a MTM lease, you may have to wait until lease renewal to implement this without their cooperation.

So I am about to close on my first rental property and I want to start implementing systems right from the beginning.

@Brant RichardsonI'm not a CPA or an attorney, however, I have implemented a similar 1031 strategy several times & can share with you the mistakes I made, the things I did right, & what I have learned.Definitely seek advice from Bill Exeter for 1031 guidance, he posts on BP frequently.Also, check with you CPA about the stepped up basis on the inherited property which may not have a large tax liability to you.

He also told me in multiple conversations that the OM was working on filling the vacant units but they aren't filled yet because he did not want to put just anyone in there; he wanted to make sure everyone was still screened correctly.The PM is also working on implementing a system where the rent is deducted automatically from the debit card of any tenants that get government assistance (the money from the program is normally deposit on the debit card the same day of every month).

I'm looking to make contact with someone who has successfully implemented a plan to fill empty spaces in small family-owned MHPs in rural markets.