Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

I'm not asking how properties/businesses are valued necessarily, though I appreciate the efforts to educate others.

Timber companies and the feds swap these lands all the time in an effort to create large blocks of either gov land or private timber lands.

Realtors often put a lot of time and effort into their job, which is why the exclusive signing indicates your commitment to compensating them as they get to you finding a property, getting into contract, and officially closing. 

I have very rarely sold a property over the last 35 years and the income properties I hold now cash flow very well with not to much effort involved.

Nobody put 1/10 the effort into carbon capture that they did to shazam this new "Carbon Street". 

However, you can likely sell all the properties in the required timeline to do the 1031k, although that will take some effort/cooperation between multiple buyers/brokers, considering the separate markets.  

Often you are getting a pretty sizeable discount for your efforts, resulting in both captured equity and cashflow.The best ugly properties go quickly, so when I was looking, I got in the habit of searching daily.  

I appreciate the condo board’s efforts as a unit in a predominantly o/o complex is worth more to other o/o buyers, but it has to limit my buyers.  

Quote from @Terrence M Brannon: Quote from @Garrett Cuppels: spent $15 on a book about Airbnb rentalSkip the Flip by Hayden Crabtree which was freeHow To Start A Profitable Airbnb Business in 4 Weeks: Optimize Your Profits and Go From Side Hustle to Passive Income With Minimal Effort What book did you buy?