LOL  Oh yeah - folks are lined up in admiration as I mow my own lawns and swap out my own water heaters, driving my beater with my PB&J at the ready.  

Help em out already.Would've grabbed one of my several locksets I circulate around and had it swapped quicker than it took you to post the question, but that's just me.  

Basically,   get to 20 cashflowing properties (or whatever number works for you),  then swap out the weakest for stronger properties over time.  

@Nabeel Mahmud You can also tell him you need to swap out the locks because you are upgrading.

Love to talk and swap stories. 

I can replace with cheaper units for $2k - swapping appliances from old place is not an option because they are not included in sale2.

Some I've Skyped with, some I've just swapped email and phone calls with, so it really depends on your style.

The above... swap 'poverty level' with your #4 and all those are in my top 10.

The one thing to do, too, is to ask for the bank to allow releases... whereby you can either swap out on a property basis (e.g. one-for-one collateral substitution) on sale, or cash out single parcels (e.g. like a builder does on a development loan) on sale.

@Neil Whitney you don't have to go up in value but you pay capital gain taxes on the difference between like properties. what the OP is suggesting is to purchase two properties that would have a value greater than 650k, a 1031 doesn't have to be a 1 for 1 swap.