Or should I wait it out a couple of years until I have a larger amount saved up.

Check with your lender first—they may allow it if you personally guarantee the loan.2.

Do we have anyone that has personal experience with a 1031 strategy that is sponsored by an UPREIT?

I recommend two accounts: checking and savings.

This was my first time buying a property solely for an investing purpose, and Melissa Justice was the person that I was connected with to help me pick out properties.

Here are just some of my notes: 1) Using RentRedi to post my properties did not give me an option to save the lead photo, and this is HUGE because it is the first photo/thumbnail that shows on the listings in Zillow, Realtor.com, etc.

If you don’t have a large down payment saved up, don’t worry—there are plenty of options available . . .”A trusted lender will go over the various loan types with you, any down payment requirements on those, and down payment assistance programs you may qualify for.

That could be you personally or an LLC. 

Interest rates need to drop a certain amount in order for a person to make a transaction right now.

Personally, I love working with distressed properties, especially foreclosures.