I have a situation where a person I know is moving out of the country and would be looking to put their home for sale in the summer.

I’ve had many clients do a traditional 1031 and then they feel like they have a gun to their head with the shot clock.  

You'll want to put together a personal financial statement (basically lists of all your assets and liabilities) and have your tax returns ready.

To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.

If I could find 100 doors and put together as a group, what do you feel the exit potential is on this? 

Any repair issues the new acquisition has you will feel to much greater magnitude due to the property carrying a lot of debt.

Hi Esther, I personally as a property manager in Los Angeles have a process when it comes to tenants not paying rent.

Account holders can't take any write-offs personally for investments made in the 401k.

If you have questions about it feel free to connect w/ me

Do you have personal experience with these?