Even go from multiple SFHs and consolidate into an industrial building.

Probably not since at the time I am unemployed (I work in animation and the entertainment industry is on its head right now).

I do not know yet if I'll be good at it (how can anyone know unless they try).I don't know any one in the industry - yet.

Mostly he's interjecting opinion about an industry he doesn't know intimately. 

As other PML business owners here have commented, this isn't uncommon in our industry but you can certainly find local or regional banks that would be easier to do business with and not require an audit - haven't heard of this before.

Colleagues I know in the industry would only do this for their most experienced and financially capable clients.

Also, in Southern CA, we have a lobbying group named the BIA (Building Industry Association)...they lobby for pro housing legislation both at the state level and city/county level. 

As a mortgage professional for twenty plus years, I can share that the mortgage market is similar to other competitive industries.

I hope you like smokers, because they all smoke like chimneys and have no regard for flicking butts on your property....eventually my parents went on a trip and of course the sober house people had a perfect view of them loading up their luggage, and what ya know after 25 years of not a single crime...they were burglarized, by a homeless junky ******* that was friends of one of the residents or was a previous resident....The sober house operators were ******** and not cooperative....their are more than a few of their patients were loud obnoxious gang banger types, giving the hard stares and intimidation types of attitude.Lastly.... on more a general note... the affordable health care act made some seriously horrible changes to the way insurance can deal with addictions....it used to be that their was a limit to how many sober claims a patient could make, and then the insurance company turned off the tap....now, a patient can relapse as much as they want and the insurance has to allow them back into another sober program...it essentially incentivizes the sober programs to fail, because it assures them a steady flow of repeat customers.Lastly, I found the few sober house operators that I came into contact with, during this time, to be vile phony insurance fraudsters and street urchins, acting like their title made them actual healthcare providers.Just my 2c...and sincerest apologies to the 10%(if that) of the industry that are a really providing a quality and ethical service.

I’ve done dozens of 1031 exchanges over my 46 year career in the RE industry - both for myself and for my investor clients.The main advise I would give is as follows:Be realistic about your buy options and the market value of these options.