Turn key properties offer a definite move toward passive and are 1031 compliant.The truly passive alternatives that still comply with 1031 and offer that management free cash flow are NNN properties, Delaware Statutory Trusts, and Tenant In Common properties. 

Alternatively, you can Google the forms and buy/get it off the internet for your state.Best!

Alternatively, if there is not enough width for an island, you could add a peninsula between the kitchen and dining room and essentially have a u-shaped kitchen.

I guess I am still a bit confused on how paying rent is a better alternative than negative cash flow.

I'll have to look into alternatives.

With no down payment, this is a 25% annualized return for those 30 years.Do you guys see alternate terms to the deal? 

Also in addition to vetting a deal sponsor, take an alternative route and ask that are currently equity partners in someone else's deals as to what their experiences have been so far.

My first HVAC estimator said there's no where to put the AC unit in the back so it'd have to go on the roof (we're looking into alternatives). 

One alternative I’ve considered was converting the basement into 1 or 2 additional bed rooms and turning the half bath into a nice full bath.  

It is very hot right now so I am looking for alternatives SF and Condos.