If you go into a different market and the laws change, you are stuck with a lease with someone who may not want to cancel it (not to say you couldn't have a clause in there).The main problem I have with this strategy is you are missing out some of the key wealth building factors that come with real estate.

@Ashish Acharya Thank you so much for your feedback, I completely agree and have included seasonal trends and will look into economic factors including rental demand drivers.

I agree with you that this program will be one of many factors in why prices increaseThere are two kinds of inflation:1.Non-monetary inflation.

While this leads to operational headaches, the bigger factor is the next one.Your lower quality tenants, typically, create heavier wear and tear and turn over more frequently.  

I think that would play a big factor in how I would respond. 

@Bryan Field I have one that’s 35 minutes away and in terms of me being able to get there the distance is a factor.

Kyle Zochert:Be very careful.In Texas, once a lien on property is filed, it is on file forever and part of the chain of title until it is released with a Release of Lien.You can research this yourself in the County records, and find a level of comfort depending on your experience with this.You can even buy someone else's opinion regarding whether or not there is a lien on the property.  

Look at population growth, job opportunities, and other economic factors that will drive rental demand.

The Qualified Intermediary that you select to support the Exchange is important and price is just one of the factors to consider.Happy to make an unbiased recommendation if you’re looking for more options.

Look at factors like job growth, population trends, and rental demand.