Looks like a trip to Denver is on my horizon.

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.  

Given how the first fund kicked off late 2015 - early 2016 and it has a 5-year horizon I'm not sure you'll find anyone who has gotten their principal back.

-----------------------------------------Go back to college, get your degree, and stop being a short-term-horizon idiot.That said, when you go back to college, make sure you take plenty of math, bookkeeeping, and business courses, and make time for the arts.

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. 

It really all depends on your goals, time horizon, and the property. 

Purchasing with a long term horizon in mind is good, but I wouldn't put any money into it that you couldn't afford to lose.

I had considered living it in at one point, but viewed it as a better investment and bought it with cash as a long-term income producing property.I understand the transfer to an LLC and time horizon concerns--that's why I'm here.