Always perform thorough market research and verify the numbers on any property you consider.

I can only speak to the Texas market, where malls that focus on creating consumer experiences (coffee shops, kids play area, entertainment-based tenants) are still performing well even in this age of online shopping.  

It forces me to get real familiar with my business and how my properties are performing.

Permits and LLCs for Contractors:Your associates/relatives don’t necessarily need to create an LLC to perform renovations.

I’m thinking with a 2.25% rate, that’s a good mortgage to hang on to if it performs well as a rental.

This increased demand is in areas that all ready have limited supply.Since the rates started to rise, my appreciation forecast has been conservative (as I have indicated in numerous posts) for my San Diego market (I have been underwriting at zero appreciation near term) and fortunately for me the market out performed my forecast.  

@Randall King If you find the property isn't performing well, a 1031 exchange would defer the tax and concentrate that equity into something that has a greater cash flow potential, like what @Corby Goade said.

It simply means that you agree to let them perform a 1031 exchange which starts with the sale - not that you have to help them finish. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I would say it depends on how well the chunk of cash in your 401k is performing compared to the asset you are acquiring.