This also leads owners to ASSUME simpler is better when it comes to management contracts.

The crawl space was not really properly constructed in that was build with some basement concepts and come crawl space concepts. e.g. the insulation was in the joists with facing down - yet the mechanicals below that and with the opening to the basement, it is a "semi heated space" - which is good because the water lines are not insulated.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Plus the fact you were able to expand that concept means you must’ve been on to something! 

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Yes, there are plenty of college students who are not messy at all, and are highly considerate and mature...but, we're speaking in generalities here....The simple reality is that most college undergraduates have minimal or no experience living with housemates, and just like anything else, people are better at doing things that they have experience doing.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

I haven't completed a 1031 in the past and don't really have much concept of cost.

There are lenders/brokers all across this forum that are familiar with the concept, but the product/program they actually offer could have some minor differences between each other that make a big impact on you and your scenario (loan level pricing adjustments like experience, LTV, & FICO requirements, etc).