@Grant Rothenburger to be honest I'm not sure as there are a few established companies such as; Realty Mogul, PeerStreet and Fundrise that will most likely endure, however, there are other smaller companies that have either recently gotten into the space or are trying to get into the space and just won't make it based on today's margins.Don't get me wrong I think the real estate crowdfunding space will stick around and numerous companies will come out successful, however, the companies that are full of generalizations, estimations and marketing will close fairly quickly.Since I have very limited investments in this space I'm not sure which ones will consolidate and which ones will close in the near future.FYI, I have no affiliation with Realty Mogul, PeerStreet or Fundrise.

Or are you going to have to throw everyone out in the first year and endure heavy turnover costs in each unit?

If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.At the showing, I collect their completed application (sent via PDF prior or filled out on premises), scan their photo ID and last 2 pay stubs.Then, I do some digging around online (social media, court records, Google) and if it looks like they are representing themselves to me accurately, I contact them to set up a "contract to hold" meeting - usually the day after the showing since qualified applicants need to be "closed" ASAP.

However if, as an example, you could reinvest the money into a flip or two and endure the debt for a little bit longer you could potentially pay off the debt without your situation changing at all. 

My wife on the other hand is satisfied with and desires only back-office tasks - the things I have absolutely no patience to endure.

As Real Estate investors we are all still a little spooked from 2008, however all the regulations that followed have positioned this asset class to endure a downturn and not suffer a similar fate.

"Ask not for an easy life, but for the strength to endure a difficult one."

One of the big factors in your analysis is the difference between renting this property for a premium but enduring taxes vs the tax free nature of the 1031 allowing you to leverage into two homes with a combined higher rent thus compensating for the taxes.From a 1031 perspective it is perfectly fine to sell a house immediately after you fix it - if you're intent when you bought it was to hold it for productive use.  

A very stark contrast to my prior career where many times I felt like I was just enduring the passing of time waiting for the weekends and a salary check that allowed me to keep paying bills. 

So many view real estate as easy money but the reality is that is requires a lot of time, focus and endurance to make a living at this.