Considering doing my first 1031 - any advice?

[Dustin McClure]

We were accidently land lords - a relocation from work had us renting out our home. I am now considering doing a 1031 exchange to accomplish a few things:

1. My cashflow has trickeled to almost nothing due to increased tax burden. I would like to cash out and invest the proceeds to increase the cash flow.

2. Selling the property will allow me to establish full VA funding eligibility again.

How do I find my next property? The real estate market is crazy right now - which is good for selling and not so good for buying. Is there a good rule to estimate rental income on new property? Any other advice?