What time frame are you trying to accomplish it in; what's your time horizon look like?

If you have a longer time horizon for your investment, definitely opt for the best location you can get into in the price point. 

Every situation is different based on goals and time horizons, structured properly you should be able to get around 90% of your money into the cash value right away. 

A person needing income can be entirely different from someone with a long time horizon and a high income job.

You're looking at multi decade investing horizons where the things that matter are local & regional economies, median household incomes, school districts, crime statistics, the competency & business friendliness of local & state governments, etc.

the investor uses 1031 to buy into a fractional stable tenant-in-common property but one with a limited time horizon or with a guaranteed buy back after a period of time.  

Hopefully this inspires you to do it over and over again :)Quick question: what was the time horizon on this?

You need a much longer planning horizon and you need more money, or access to more money along the way.

Hey Guys,Thanks for the insights you have all provided, on this new horizon and potential downturn. 

This episode made me consider that LOC's may dry up if lenders get tight, so extending LOC's for a longer horizon even at a higher rate is more ideal to me as well as building up cash, and moving into asset classes that will be the most liquid and least effected.