I would caution on comparing these returns to the S&P 500.Real estate has been pretty much flat the last 2-3 years while the S&P has been on a great run.It's human nature to sell the lows and buy the tops.

(2) Does anyone have any best practices or tips on dealing with rental properties and tenants that have been impacted by a natural disaster?

I think this is a more challenging question than it seems.

Challenges?

The challenge is convincing one's partner to move into it :)

Challenges?

Also, in a 1031 the seller cannot take possession of the funds so you giving him the downpayment to do repairs would be challenging.

I see what you’re saying about cash flow, and I agree—rising prices are a major challenge for investors and buyers.

It's important to work with someone who has firsthand experience with the challenges and rewards that investors encounter.

Challenges?