Some syndications offered a fixed pref in exchange for a equity bump, which basically raised you up in the stack for payment, the bank, or major lender is usually number 1 in distributions since they hold most of the equity of course.  

Greetings BP'ers...As part of a 1031 exchange, I have purchased a handful of short term rental properties in the last few mos. 

They became my mentors in exchange for good deals

There's a construction software called Precise Builder that does exactly what you are looking for.

Or if you want to get rid of it maybe hold it for one more year so you are eligible for a 1031 exchange.

It's disheartening to see the exchange of knowledge become a transaction rather than a gesture of goodwill.But why do I choose to share information for free?

Albert, We are a fee only advisor that specialize in passive investment solutions for 1031 exchange clients. 

Yes, real estate entails some cost, but also provides greater returns at lower levels of risk in exchange for these costs.

If rates don’t go down, I will 1031 exchange so I can utilize my equity.

Assuming both properties are/would be LTRs, these would be netted together on Schedule E, which would flow through to Schedule 1 and/or Form 8582.You'd also want to be aware of the potential for depreciation recapture when going to sell the property if you're not using a tax-deferred exchange.