Quote from @Henry Clark: Quote from @Jake Andronico: Quote from @Arn Cenedella: @Jake AndronicoI’ve looked into them but have never executed one.Let me say they will be expensive and complicated.I think what you will find if one is trying to defer $50,000 to $100,000 in gain, it’s not going to be worth the time and trouble.On the other hand, if client is trying to defer gain of $500,000 to $1,000,000, it’s worth the time and trouble.I use First American Exchange for my own account a dozen times and they have been right on the money.Google them and reach out.ArnIt's definitely more expensive than a traditional 1031 exchange, but being able to secure properties upfront can be super convenient.   

I think the LLC also makes it easier to open a local bank account, which is convenient to pay utilities or other local bills or your property manager, etc.  

They often have a list of preferred housing providers they work with.

This approach helps manage costs while providing predictability for tenants.Thanks @Julia Lyrberg!

More convenient bookkeeping 

Let’s provide updates to the community here.

The proposed $38.5 billion deal would combine two major players in the U.S. convenience store market, potentially controlling 20% of the market.7-Eleven, the largest U.S. convenience store chain with 12,601 locations, currently holds 14.5% of the market.

It was built in the 2010s and located in an established neighborhood with convenient access to schools, amenities, and major transportation routes.

Tenants will love the convenience, and your property's value will skyrocket.

I've considered a property management company, but the cost just doesn't seem worth it although it would be convenient.