You do have to purchase at least as much real estate as your net sale if you want to defer all tax.TICS are generally cash deals. 

Many of those locations I can purchase using leverage and achieve better returns.  

As you purchase more, your net worth will go up more quickly than the savings in interest with the other option.

I’m potentially looking to purchase a mid-term or long-term rental property in a different state because I feel I may be able to find better deals elsewhere.

Purchase price: $105,000 Cash invested: $90,000 Property needed some serious rehab, from trees roots destroying the basement walls, to plumbing, electrical, to roofing, landscape.

Below is some copy & paste info about our methodology:----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I am hoping to be an asset to experienced investors, with the intention of learning as much as I can, so that I can start building a portfolio of my own.

Or what are other ways I can access this equity to purchase?  

I will provide some thoughts on the San Diego purchase- virtually all high LTV mls purchases since rates started to hike have negative cash flow at purchase- historically great appreciation- historically great rent growth but recently flattening- prop 13 is great benefit for long holds- laws keep getting less LL friendly.

Quote from @Steven Catudal: Hi all,I am looking to partner with a friend of mine to purchase some rental properties.