Good idea to trade rental homes for a business?

[Account Closed]

Hi,

I've been an investor and landlord in Utah for over 20 years.  I have 10 homes paid off but now am not getting the return that I think is juicy enough.  I have experience running small businesses and I am offering some of my rentals for exchange of business.  Has anyone done this before and what was your experience?  I did recently trade a laundromat I owned in West Jordan for a house in East Sandy and it worked out pretty good.  The value for the business and house was around 350K and the business generated $60K/annually vs. the $20K/annually I get from the rental home.  I am glad to get rid of laundromat but I see that my cash flow reduced quite a bit.  The homes I'm looking at trading are all on the west side of Salt Lake County and most are 4-5 bedrooms single family rented at market rates of around $1,500.  Any thoughts. 

[Kyle Pierce]

@Darren Larsen Any interest in just selling the rental properties?