If it was on the MLS or is in disrepair and no one else is bidding on the property (say an off market motivated seller) then yes sometimes.

To see how much a 1031 exchange will benefit you in a sale you must first calculate the performance of your current property.

I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

Closed with no issues, inherited great tenants and have really enjoyed living in this neighborhood Lessons learned?

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Did ask about specifics they are interested in and after 8 hrs of no response I reported it as spam.

If they are paying little to no money at closing, what skin in the game do they have?

source_impression_id=p...Here is the code section from the 2021 IRC:Habitable Spaces, Hallways, Basements with habitable spaces and hallways shall have a minimum ceiling height of no less than 7 feet.Bathroom and Laundry Rooms shall have a minimum ceiling height of no less than 6 feet 8 inches.A room that has a sloped ceiling shall at no point have a ceiling height less than 5 feet and no less than 50% of the floor area shall have a ceiling height less than 7 feet. 

I'd highly recommend this as Dave was young and had no capital when he started as well.

If not, no bueno.