1031 problem solving for more income

[Julie DeWolfe Arroyo]

More advice would be appreciated.

8 paidoff townhomes (100k per unit) aren't pulling the income necessary, hoa fees are eating the owner's lunch, he cant self manage anymore, nor can he afford property management.

Market looks good to sell 8 townhomes right now, the speculation is to buy rental homes (avoid tax)(no hoa), in nearby community, then use them to finance flips. Townhome values are more likely to be affected by upcoming market changes, homes hold the value.

Break it down and tell me what I'm missing.

Thanks in advance.