I think this tactic could be a classic bait and switch situation and I'm not falling for it but glad I listened to everything and keep an open mind so I can continue my learning process. 

You sell your classic real estate,  with the asset held in a SPE LLC , and the investors 1031 into whatever they want, and file their tax return accordingly.

@Landon Ross Cobb Lead the field is a timeless classic!!

. $9K) x units done per month, but I also build in the ability to push the capital needs forward one or two months to be 'conservative'.The answer to 2: To burn off loss to lease on classic units, we must make an assumption that is predicated STRONGLY on how much demand in the area there is for these units.

If your RE realtor is good, he will tell you the classic statement  offer vs demand. 

I also recommend reading every book you can on RE *try to avoid the fluff books and look for the timeless classics!

@Mark CaseYou have a classic case of “it depends.”

This comes down to the classic discussion of leverage vs debt free scenarios. and ultimately what it boils down to is HOW YOU SLEEP AT NIGHT. 

I've been listening for about a year and have read 3 or 4 of the "classic" real estate books.

So I found a really classic home and one of those super historic neighborhoods in SLC.