And the last property or two they name will be a fractional TIC or DST which they will use to dump any funds left over if they can't close on one of their preferred properties or to round out the exchange.You've got plenty of time to get the 1031 guidance you need and get busy shopping if you want to do it this year. 

Or look into a passive fractional option that still qualifies for 1031 treatment. 

Most of our tenants now know that a fractional increase is coming and because we stay just below market, our tenants are typically motivated to stay.

If your 100 year old solid brick home falls to the ground you would never rebuild with the same materials so the replacement cost will be a fraction building with stick and frame so that's really what you want to insure for.

With a loan, even though the property ends up costing double in the long run, only a fraction of the purchase has to come from your pocket as long as you run the numbers before purchasing and you get a good deal. 

Real Estate is an investment that has the ability to deliver excellent returns because the cash down payment is such a small fraction compared to the return on the retail value .

Even if you do have a low CTR rate cause you are in these lower positions, the idea is the more auctions you show up on the more chances you have of getting clicks and spending that full budget.Contrary to popular belief, which is just showing up #1 for every keyword, statistically speaking if you only show a couple of times in those high positions you end up getting 1 click and lets say you have a 4% conversation rate your going to have to get a lot of those really expensive clicks in order to get a conversion but if your bidding at a fraction of the rate your going to get a lot more traffic.

Even the commercial - I don't see your amounts but even if wholely owned commercial is out of the question there are ways to get into a fractional ownership of the same type product.I'm sensing that for you it would be better to evaluate them in light of the following1.

Within the city of Austin and other local markets with limited inventory, homes are spending a fraction of time on the market—as little as two weeks in some areas.

I'm sure some people have good working relationships with contracts and know guys that'll do it for a fraction of that and if you do the legwork / grunt work yourself you'll save money yadda, yadda, yadda.