when you do a 1031 exchange you are able to rid yourself of the property without paying capital gains at the time of sale.

After enough time, equity gains and income gains are huge compared to when you purchased.

However, newer properties don’t always cash flow well, and you’re giving up significant equity in exchange for a home that might not provide you much financial gain immediately.

This is like $1300 gains vs $800.

I would prefer to hang it somewhere where they work with investors so I can gain experience before my first transaction.

Example, if you wanted to be close to the vineyards that are gaining popularity, Sahuarita or Green Valley is where you want to look.

Almost every landlord I know makes their screening criteria more strict as they gain experience. 

The 10% you think you gained is long gone if you attempt to sell with an active mold issue. 

My last value add achieved enough equity gain that even with $0 cash flow (but it has some modest cash flow), the return would be outstanding.in general, bad neighborhoods or close to bad neighborhoods do not make decent STRs or MTRS.  

You need an objective report by someone who has nothing to gain other that getting paidGoo luckGino