You shouldn't need to 1031 exchange it, if they are renting from January and the rent causes you problems tax wise consider how to manage that in the sale. 

This house is very comparable condition wise with each unit having a separated laundry, and full refurbishment of the interior of the units.

It seems to me that getting out of the mortgage insurance and high interest rate sooner rather than later would be wise.  

A wise man once said   "  SHOW ME THE MONEY " 

So if a person invests wisely/conservatively in real estate (under 65% loan to value, stays away from excessively expensive properties that tend to default more, invest in the areas) perhaps the number drops to 20 or so.One suggestion: there is a fund called BroadMark Capital that invests in 100+ loans.

@Richard Ball   @James Wise  @Robert Syfert  @Mark Nolan Thanks for the welcome!

All the clients that have been with FASS have ultimately went to REDS, Holton-Wise, or Keller Williams Greater Cleveland West.

If you office from home it is important that you use it wisely and strictly formal.Having a trustworthy Team put together will help you stay focused on income producing things.  

It is not wise to learn the regulations governing the business you are about to start after you buy the business. 

Use it wisely and best of luck!