In exchange, the former homeowner lives in the home until their death rent-free.

However, there were also multiple instances when one or both of us felt dismissed or disrespected during our written and verbal exchanges with Ryan.

I'm thinking about doing (my first) 1031 exchange into a 4-6 unit property.

I never heard of a 1031 exchange, dscr coverage, etc before I came here.

@Jaime Felber If you have a lot of long-term tenants and the homes are pretty old, many park owners I know usually negotiate a fair price in exchange for just selling the home and receiving lot rent. 

Run the numbers.1.  1031 exchange.2.  

What I "literally" said was that, in my opinion, it's only a problem when the value exchange is in one direction

@Oleg Malkin, The 1031 exchange is used to track your tax deferral with the form 8824 that your accountant files in the year of your exchange. 

I personally would wait for a correction before exchanging the money.Furthermore, if your real estate investments perform slightly more than real estate(1% to 5%), you can make up for the deferred return + penalties over a couple of years. 

Another way to invest is by investing in an LLC or special purpose vehicle as a limited partner (silent partner) and partnering with the managing person of that LLC in exchange for an equity stake.