The fees associated with the exchange could offset the tax savings, but it’s a viable option if you plan to continue investing in real estate.

I have seen what Hemlane offers and it seems like a great tool to use but like to know if better options are out there. 

If it's vacant, that last option won't work.

There are good QI's that will help you navigate the options.   

We're looking into camera options to monitor vacant properties being advertised for rent. 

They will shop the available options for you and present you the best options while pointing out where the policies differ from each other.

@Kasondra Milton- hi there ...thanks ...Raised in the fairport area ...live on west coast now ..last summer I had to return to Roch area to help with a family illness  situation ...I stayed in a AIRBNB that was close to Strong hospital for 3 weeks ...in my search for places - I must say I was surprised at the lack of options ( at least at that time ) ...that being said - I agree with your comment about the fact that Greater  Roch  likely  wont  attract a large amount of renters consitently  ( outskirts  like  finger lakes are a diff story ) - thanks and good luck

I've seen numerous newer investors come to us for help after they've purchased a flip property in need of a massive rehab that did not know about the "FEMA 50%" rule.

I think with your faith-based parameters, turnkey would be the safest option as long as paying for property management is ok.

With regard to the fees that is much less expensive than a Delaware Statutory Trust where fees can be upwards of 20% which is totally unacceptable unless you have absolutely no other options.