How active are you wanting to be in the deal?

Luke - as an active investor and Realtor in mid-sized NC cities, getting 5% with today's home prices and interest rates is impressive in areas that aren't D or even C class assets/areas.

I'm not longer a registered lender, active broker, nor am I an RMLO or an attorney.   

My other project years back was searching for active businesses to buy, at one time laundromats, many located downstairs in mixed use properties. 

Continuous evaluation of market trends also played a key role in setting the optimal sale price.

I’ve been reading extensively on strategies to minimize tenant vacancies through smart investments, and I’ve come to realize that many other factors play a crucial role when managing rental properties.

Quote from @Robert Quiroz: Hello All,I will have around $1M in capital that I'm looking to generate 8-10% CoC returns for the purpose of replacing active income. 

Their role is purely administrative, so if you file incorrectly or choose the wrong entity type, you’re on your own.3.Hiring a Lawyer or CPA (White-Glove Service):This is the most comprehensive option, with costs ranging from $1,000 to $3,000.

He brings with him an internationally active legal team, as well as building engineers and facility managers.

You can use the 1031 to sell a larger unit that provides better cash flow while minimizing active management.You can either try to cluster those sales together so they close in a way that lets your replacement property be listed on each 45 day period and you close on it within 180 days of the first sale (the first exchange that will expire).Or you could do something like a reverse exchange where your Qi purchases the new property and holds it for you for up to 180 days while you sell all of your properties.