I'm conservative in nature, but am looking for the push to jump in at some point.

It's the nature of investing in real estate. 

Any amount over your adjusted basis in the property (initial cost minus depreciation) could be subject to capital gains tax unless you reinvest it strategically.2. 1033 Exchange (Involuntary Conversion): A 1033 exchange (involuntary conversion) is specifically designed for situations like fire, natural disasters, or eminent domain.

Naturally your old property must sell before you can take title to the new one, but it gives you a much better head start on the negotiation process of your replacement property.

After reading this thread, a few comments come to mind over this common A or B decision.Without knowing how much it is (no need to say) makes my advice (or more accurately, my opinion) more general in nature but here it goes:Lending has very little to no tax shelters whereas buy and hold does.

Building rapport is one of my strong suites so the chemistry tends to flow natural.

I like smartcore from Lowe's, natural wood look with texture.

Natural gas connections.

I know the 20yr city development plans, I know of the waste water treatment facilities that are wrapping up approvals and have not even broke ground yet and exactly how many w/s laterals will be approved with such. 

CS is just a difference in the timing of when depreciation is recognized (or what is depreciated), it shouldn't change the nature of the investment type (short term vs long term).