My concerns with selecting a servicer are the following: customer service, access to funds, access to education materials so I can learn how to stay away from prohibited transactions.

Money means nothing without your health, time, and family to enjoy.

It's a very common concern that the other side of your transactions might try to take advantage of if they know you are doing a 1031 exchange. 

@Sam Liu This is a common concern for people who are looking to do 1031's.

@Noah BaconI am not really concerned about either housing plan as both parties have been talking about building more affordable housing for decades but it boils down to a local level and the NIMBY groupsIt will be status quo like it has been since I can remember

But, this market is getting wrecked, and will continue to get wrecked, as far as the owners of rental property investments are concerned.

.● Project the exit capitalization rate (exit cap).When facing objections while raising capital, it's important to dig deeper to understand the true underlying concerns.

Banner Health, the largest hospital system in Arizona, just bought land in Laveen to build a hospital plus a retail developer is building a new shopping center/outdoor mall.

I've considered selling to investors, but I'm concerned they might want a substantial price cut, which is why I'm trying to sell it to residential buyers first.

Just a heads up.So you calculated out you need  $6 million worth of apartments to hit your goal.A commercial loan may require 20% to 30% down in cash, cash reserves, working capital, and closing costs.You will also need earnest money cash.The lender may also require certain repairs to be done Shortly after the loan is made.The lender may also require the Property to be stabilized as far as occupancy percentage is concerned, leaving little on the bone as far as sweat equity.Good Luck!