@Donald Howaniec another alternative to a 1031 is to invest in a syndication (or fund) where bonus depreciation is being taken on assets as they are acquired.

If you want to manage your own property, what do you use for phone alternative to your cell phone?

Explore alternative strategies like using a single checking account with separate categories or utilizing accounting software. 

It's essential to explore alternative parking solutions, like leasing nearby spaces or offering valet services.

Wholesaling can be an alternative strategy in the real estate market, but its success varies based on Richmond's specific conditions.

These strategies can sometimes offer better cash flow compared to traditional LTR, especially in markets where property prices and rents do not align with the 1% rule.I encourage you to expand your criteria and consider these alternative strategies.

Another alternative could be to seller-finance or cash out refinance.

They tend to work in more established neighbourhoods that are safer with a good, reliable tenant pool and they are a newer management group that is younger and well connected to the area today, using a lot of the latest technology to assess opportunities.

Alternatively, you can sometimes sell the contract to a company like New Western, KeyGlee, Homevstors, Happyinvestor, etc.

This would be used as an alternative to the traditional wholesaler's assignment agreements.