Whether or not he is solely using the rental income to pay off the property or not, he has the ability to pay down a mortgage efficiently. 2.

He also doesn't control regulations in the states/cities, but his attempts to cut regulations may trickle down and impact personal property rights and people's ability to use their properties as they see fit.

Start by talking to a lender to determine how much you can afford (and that you can qualify for a loan). 

Deviations from the Private Letter Rulings will significantly increase your risk of structuring this type of advanced 1031 exchange.You should discuss this more advanced 1031 Exchange structure in greater detail with your legal, tax and financial advisors to determine your comfort level with this complicated 1031 Exchange structure and the inherent risks involved.

The ability to turn single-family lots into duplexes or even split lots for separate units can significantly boost rental income and property value.

From there, it requires the ability to conduct underwriting the highest and best use of a planned project, which requires a pro forma built by the user or acquired from a competent 3rd party. 

I've become a firm believer that it's not just an ability to pay but how you pay.

Even if their online banking and technology is not as strong, the ability to take advantage of their ancillary banking services, most notably their real estate lending far outweighs any minor inconveniences. 

First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.

Be sure to consult with your CPA to determine if you can utilize these deductions based on your specific tax situation.