I'd also be benefiting from the latitude to pay down or not on very flexible schedule.

Having a well-defined plan can help you make decisions on whether to sell the property, carry on house hacking, or switch to another kind of investment.Recall that effective home invasion demands thorough preparation, open communication, and flexibility.

Hey Jessan, another option with very flexible options who will go for 30 year is @LaMancha Sims who happens to be part of the Bigger Pockets Community. 

The way I see it, is the cash flow I lose paying this monthly worth paying off (might as well be a 0% interest loan) to increase monthly flexibility?

Also, there is the flexibility of being able to decide if you want to sell it along the way and not being locked it. 

But if you prefer flexibility and higher impact, annual lump sums could work.

Remain flexible, remain receptive to novel experiences, and don't hesitate to take measured chances.

But all in all the 1031 is really quite a flexible statute to meet your tax deferral needs. 

Find a company that can walk you through their process, has flexible spending options and no high-spend minimums.

Advantages for the seller are that they may be able to sell a property not fit for the MLS and they don't have to fix up the property to MLS standards, they save the realtors fee of 5% or 6%, it's a more flexible sale, they get monthly payments they can use for income.