Here is the how I would explain it to a kindergartner:The true power of a 1031 exchange is the ability for an investor to meet their investment objectives without losing equity to taxation.With more money they can buy larger, multiple, or more productive properties.What is the alternative?

And in most cases, reading a receipt and knowing which property/my management company it is tied to (done automatically by separate accounts linking to my software), even if I don't do a very good job documenting, I have enough to go back and justify almost any expense.  

Then it automatically reverts back to the monthly payment option so you would never miss your regular payment.

I'm happy to meet in person. 

Quote from @Sean O'Keefe: Quote from @Tom Gorrell: We have 3 rentals in CA and one in Kentucky (total value about 2.5 M)some W2 incomesome pension incomesome syndication income and some from a business (s corp) Based on what you say, it feels like $3k - $4k but would need more info on how frequently you meet with CPA outside of Jan - Apr when you are filing and if this includes tax strategy. 

@Michael Palmer As a general rule of thumb bank originated construction debt will be WSJ Prime +1 point with a floor, 1 point origination and 75-80% LTC while meeting certain LTV thresholds (normally 70-75%).

with auto-pay options, automatic late fees, and reminders, lease signing, security deposit collection, etc. 

There are also weekly meetings with a mentor, but it seems like the mentor is more of a generalist.

Just meeting people and looking to connect for knowledge.

I prefer small Strip malls or self storage.I need advice on how to find the deals, how to get lending on them and then how to set up the structure.I have flexibility to fly out next month is there are peers who can meet and help me out in their local markets.thanks,Paul