@Chris Bruneau,  A paid off asset, full depreciated with significant gain, owned by folks wanting to exit the landlord business- this is the perfect property to 1031 into a passive commercial asset where the value is the lease and longevity in decades. 

I didn't quite understand it at the time, but now that makes perfect sense.

It’s better to buy rent-ready (life and safety systems OK) but not cosmetically perfect (as in you might fix up the kitchen or bathrooms to add value).

My wife says I have perfected the military scowl, which is  weird as I was never in the service, even though people ask me all the time if I was.Ask me about something I'm passionate about and you can't shut me up.

@Tom Gimer that makes perfect sense. 

Hello all,I wanted to get some opinions on this, was at a meetup tonight playing cashflow game with others and I mentioned to someone how I've had such difficulties after loan 5, that I was thinking of buying my property with cash vs paying off one of my current loans, because they have 3%ish interest rates.... guy at my table mentioned that it would be smarter for me to invest time in calculating my perfect deduction amount and purchase the next property with that exact amount.

@James Letchford I agree with Account Closed there's no benefit to you offering a rent to own to someone who can barely afford your normal rental rates.Rent to own is perfect for someone who:1.

(Some pieces not perfectly level / parallel with the row above when there was no mesh.)

It probably won't be your perfect investment, but you won't know it unless you take action.

What I don't think you've discovered is that it is actually perfectly fine to 1031 into a MF building and live in one of the units - as long as the valuations work!!