We have been traveling a lot and have run across several approaches.  

Not sure her “design” fee or what was spent on travel. 

We want to be traveling and sailing throughout the year, not just when a job allows me to use my 10 days of vacation.

And here in Chicago I always check my favorite local homicide tracker whose name violates usage restrictions.Is there other favorite metrics out there that I am missing? 

You have a natural advantage with other baseball players and providing them leases that fit their needs.Knowing a couple of others who have played minor league ball, your real estate strategy is going to be tricky because you will be very busy with baseball and it's travel. 

Specifically looking at SC because I sometimes travel down there.

Out of state investing gives you all of the headaches of local investing plus the costs of plane tickets and travel time.Also, never trust people, especially as a rookie.

When my work travel slows down I might give you a ring for that coffee

You will need to find partners, you will need to travel to where you wish to invest, you will need to understand the ins and outs of the business by being actively involved and treating it like a business and not some super passive investment.If you don't want to do that work I suggest you just put that 200k into some sort of diversified mutual fund that can make you 10+% on your money without any of the work of real estate.At the end of the day this is just my advice and I'm only a stranger on the internet.

A 1031 exchange the depreciation schedule travels,.8) Partnership Interest: When a partnership or other ownership group sells an appreciated asset, they do not need to remain together to achieve tax deferral, as is typically the case with a 1031 Exchange.