Quote from @LeeAnn Owens: do your research, it doesn’t actually keep up with increasing costs of housing and other necessities Please indicate an employment sector that HAS kept up with the ridiculous inflationary increases over the last three years. 

Yes, absolutely.The 1031 can be used to change Size, type and geography of your portfolio so you can move into sectors of real estate that have more return potential like the stampede now from SF to MF or from residential to commercial.  

He said his company provides accommodations for temporary workers (for example folks from India who work in the tech sector on a guest worker visa and remain in the US for a year or two at most).Has anyone had any experience renting to these kind of tenants?

Our unemployment rate has been steadily decreasing this year, we don't have more than 30% of our workforce in any one industry (which helps us maintain stability when one sector sees a downturn) and we have a great university with a teaching hospital that provides stable, well-paid employment for thousands of people (which means good tenants that can pay on time every month).

I was told by a lender that I need to put 25% down for a 3-unit property in California because in this sector I'll be competing with investors who would be paying cash and flipping for a profit.

I stayed in the tech sector while investing for decades.

I would though say that doing ground up new construction is pretty hot sector to be in in Texas especially Austin..

The banking sector has been immensely profitable and any losses they’ve incurred from housing have been more than made up by their investment banking side.

Then we had...The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector that was signed into law by U.S.

I can assume that any sector of real-estate will have its own complications and that none of them will be a cake walk, but it still sounds like there is a lot of risk associated with wholesaling beyond just losing money.