Can he just wire the funds to escrow, I sign the deed of trust, and that's that?

This property can be refinanced at any time you feel is right after the 1031 exchange is complete to buy other property or access funds for any reason.  

Instead, I have established a donor advised fund (DAF) for charitable giving during and after my death. 

As for capital, I will be utilizing my HELOC for initial fund on first deal.

Doesn't seem like the FED has much control this time around considering the 10Y T bill (and 5Y) continues to march higher even with the FED fund rate dropping.

60% LTV is not that low, particularly in a higher rate environment where the debt service coverage requirement (cash flow) is now limiting LTVs to 60-70% in many cases anyway.Separately, should be able to get a commercial loan with a rate in the 6s.

This way if 1031 proceeds are 50% of the purchase amount then 30 to 35% of funds are re-advanced out after closing keeping the 1031 exchange intact.

And a little skepticism that the market would continue to grow at 5% or more on average (it's been ~7% average for the 8 years I've lived here)@Dave Foster I filled out the BP spreadsheet here for the sell or rent decision, and similar to you advice, selling and investing the profits in index funds performs only slightly below being a DIY landlord, making that seem an attractive option. 

Account ClosedI think you helped me confirm buying @35K + 40K would get me to less that 70%LTV @120KARV.Im suspecting 4-6 month turn because funding.on a 580 per month note the project would be about 46k-50k all in. 

Buyer can’t make you sell if you don’t have the funds needed to close.