My "day job" is in digital marketing (corporate, not "influencer"), so that tends to be my sandbox ;-) Thanks John!

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

In fact, someone just called me last week and had a non-performing rental package that they purchased in the same fashion and the prices they bought at, considering the actual condition and historical performance of the properties was too high in my opinion. 

@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.

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 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. 

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

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

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!

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