I found out that:Case 1.

@Christina Galdieri A 1031 exchange cannot be used for the sale of a business itself, as it only applies to the exchange of like-kind real property used for business or investment.

There are plenty of video reviews and Bigger Pockets comments on his website if you scroll to the bottom.

My biggest fear in Frisco is that someone decides to wipe out H1B visas or you get a sweep like around year 2000 where they fire all the people in mid level management and Frisco gets wiped out

Ran out of water, LMAO.

If it pays for itself, it provides you with a "free" place to live during the off-season.

If I were in your position, I would buy a duplex that has potential for value add, fix it up, live in one unit and rent out the other unit as a medium term rental or long term rental.

It gives hope to all of us! 

This means that if the bank forecloses, and you can’t pay it off, you will lose all of your money with no recourse to anyone.One option to secure your loan is if one of the partners has a free and clear property worth significantly more than your loan.

The rental market demand is still extremely high and there are a lot of value add opportunities, you just have to be willing to put in the work.