It's doesn't really sound like you are much into being landlords so doing a 1031 might just change from "annoying when things come up" to full fledged head aches when you buy more and or larger properties in your current market.

@Bryce Nurding it sounds like you have a solid plan. 

Quote from @Shaun Ortiz: Hi Mike,Thanks for sharing—it sounds like you’ve really put a lot of thought into building a solid foundation for your investments and family.

Battery Park City Exchange (New York City): The city of New York engaged in a land swap with the Battery Park City Authority, allowing for the creation of a new public school and affordable housing units in exchange for a parcel of land that was then developed into a high-value commercial property. 5.

Pick a posted and engage with them.  

We're open to other strategies, but believe that sounds the most ideal so far. 

To clarify, I have been studying real estate for several years, but have been otherwise engaged in operating  other businesses that my wife and I both own, both as CFO and CEO roles.

Sounds like you are in a tight spot.

Well, it sounds like you was tearing it up. 

It sounds like you are just having trouble pulling the trigger.