A “1031 exchange investor” would be someone who’s already selling something and wants to buy something else.

@Randall King If you find the property isn't performing well, a 1031 exchange would defer the tax and concentrate that equity into something that has a greater cash flow potential, like what @Corby Goade said.

This allows them to focus on their W-2 jobs, family, or preparing for retirement without the added stress of managing properties.If you’d ever like to connect and exchange strategies, I’d love to help.

Just note that you guys may end up in what I call the "1031 exchange until you both die" cycle.

The first month they were late on their rent they explained they couldn't pay and asked for their security deposit in exchange for the keys.

Start building close to home and you'll have such great appreciation by the time you're ready for the cash flow to be $20k a month you can exchange out of the low cash flow, high appreciation California market to wherever you decide to retire. 

., quoting 91 NY Jur 2d, Real Property Sales and Exchanges § 204).

Quote from @Marcus Welson: Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange.

Bought a place a few months ago on market while doing a 1031 exchange..

And the condo debacle in FL will be churning for quite a while as these rogue HOAs try to get realistic with deferred maintenance, new requirements, and freedom for people to use as they need to afford them.One thing to consider would be to 1031 all of them in a consolidation exchange.