I’ve considered lots of options (all real estate based since I can do a 1031 exchange and avoid the capital gains tax).

I’m currently selling an asset in another state and completing my first 1031 exchange.

Quote from @Carlos Ptriawan: You could exchange one Cupertino 4BR house to one 44 floor skyscraper now LOL Maybe we should just bid this property.  

The more complicated your business structure becomes, the more problems it can actually cause such as when looking for lending options, getting the best interest rate, keeping clean accounting, filing taxes, opening bank accounts, getting credit cards, executing a 1031, making title insurance claims or even triggering a due on sale clause, etc. 

It would be fantastic to exchange advice, share our experiences, and help each other succeed.

With plan to liquidate around yr 5-7, 1031 those gains to pyramid the equity growth. 

I don't yet know what I'll do, but this exchange gives me more to consider.

I initially wanted to buy something using the BRRR strategy that fits the 1031 profile.

Down the road, the 1031 exchange and Section 121 combo is pretty unbelievable if you hire the right CPA. 

I would highly recommend you sell and do a 1031 exchange into something that will produce income, like a rental property.