Advice on Next Steps (2018): 1031 out of CA to IN/OH - SF or APT

[Denise M. Tschida]

This is my first post.  I am in my early 50's and look to retire from education in 8 years.  My goal is to acquire $5000 in passive income from rentals in 8 to 10 years.  I have 3 rentals in Southern CA purchased in 2011 which produce positive cash flow but more importantly they have double in value.  Rental #1:  Purchased 90K, Current Value 200K.  Rental #2:  Purchased 155K, Current Value 315K.  Rental #3:  Purchased 190K, Current Value 355K.  

After listening to Clayton Morris and Bigger Pockets Podcasts over the last 6 months, I believe in order to reach my goal I will need to 1031 exchange to the Midwest, namely Northwest Indiana, Indianapolis, or Ohio, where the markets will allow greater passive income and I have family who live there.

I am open to turnkey property or to create a team to rehab a property for long term rental.  It can be single family or Multi apt complex.

I would love to hear from you about my next steps.