Quote from @John Reagan Johnson: I am new to the real estate industry and am looking to connect and exchange businessIf you are new I would suggest something totally different. 

Quote from @Diandre Pierce: I have 7 rentals with a total available equity of roughly 800K.

I’m relatively new to the world of real estate, having started my journey just 2 years ago.

Zoning- certain towns are starting to restrict Airbnb type rental units.  

So, if you put in 20K, you could set the bid up to the amount of the 100K total debt(80K existing + 20K additional) to ensure that the property reverts to you as the lender.

Have your agent start to look for properties that will do the 1031 now.See my comments in recent post. 

My in-laws loaned us the total purchase price minus $5,000 on a 3% interest rate.

I want them to see the total picture and then keep whittling down to where they get close to say a 5% error rate. 

It will be a while before the negative equity starts to be recovered.  

It's not just the taxes, but being able to at-a-glance look at expenses by the month and year, profit and loss calculating automatically, and even cash flow by property and total portfolio by month and year.Thanks for suggesting it!