Puerto Rico Property, 1031 exchange, economy, zika

[Amy Conn]

Hello, we have a rental house in CA that is completely paid off and we are seriously considering selling it to buy a beach house in Puerto Rico. My husband surfs and my family lives in FL.  It seems tricky to time it right when selling under a 1031 exchange to avoid capital gains taxes. I have an itchy trigger finger, so to speak, because we found an amazing beachfront property at a good price, but we haven't seen it in person. 

My husband is more cautious, and worried about Zika. I am more worried about the PR economy, and chikungunya. We are very limited about the area, staying near Rincon and Isabela. Do you think the bottom has hit and all the best properties will be sold soon, or prices will go up?