If title is held in a LLC you can't use residential 30 year financing.  

To practice (which includes your own deals) your license must be held by a brokerage. 2.

But the best thing to do is sell your losers and obtain another winner even if you lost money on your losers.What I'm basically saying is, that instead of throwing more money into a property that is going down and potentially going to keep going down, and if held would BREAK EVEN at 10 years.

Hope I meet someone who has bought and held some properties in urban areas and has had some success.

I live a somewhat boring life and have held the same job for the last 17 years.

As an Escrow Officer, I can tell you that any money "held" in escrow is not likely to be auto-released without a really well written CAR Addendum and Escrow Amendment.

Being a RE Broker you are held to a different set of standards and disclosure that if you were just a RE investor.

The subfloor was rotten all around the toilet and it was held up by the pipe!  

The real property is not held for passive income or long term appreciation, but rather is treated as inventory in the course of a sales business.  

My advice strictly from the 1031 perspective would be to sell and 1031 as a group in the same manner that title was held in the old property.