This would also likely be unenforceable due to no authority to sign such an unnecessary piece of paper onbehalf of the remote buyer. 

If I gave you a list of 100 deals on a sheet of paper with just a few basic pieces of information you could apply the 1% rule and eliminate the vast majority of them and then only focus on a small number to consider evaluating further.

Number makes sense on paper but let's see how we perform at the beginning of next year. 

You can do this simply by changing your bedding colors and the colors of accent items like throw pillows and towels. 

Not only does this provide you a reason to non-renew, but if it gets worse you have a paper trail. 

Starting with non-performing paper can be tough.

In other words, there are certain parameters you have to be within when identifying replacements, so if a deal goes south for some reason, after filing the papers that identified that property, you might lose the opportunity to take a 1031 at all.

Paper napkin math says skinny deal. 

Hello, I own a property with someone else but they have been MIA, what can I do if we have papers to sign?

The "high cash flow areas" you speak of are only good on paper, and while they can be if you play everything right and all goes well, I find that is harder than it seems.