Boston property vs 1031 exchange to turnkey REI

[Paul Garrido]

Hi BP community,

Having some challenges getting our 2bd 2ba condo rented in Boston. We’re still holding steady and hoping to get it rented in the next month or so. Will likely be cash flowing ~200-300 / month. 

Talking with my partner, we started to talk think through worst case scenarios & options we’d have if it doesn’t get rented in several months. 

This brought us to the subject of 1031 exchange with a turnkey real estate programs. At what point would you consider turnkey and selling the Boston condo? Whats the experience been with 1031 exchanges with turnkey providers?

appreciate the help!