If/when the income isn't as good, you want to benefit from additional accrued appreciation etc, the trust can sell the props and reinvest the proceeds into other income-producing assets (offering some diversification in the process) and switch or 'flip' to a fixed-rate Charitable Remainder Unitrust (CRUT) that pays a certain percentage of the portfolio value each year (based on annual valuation).If your current property is cash flowing well and you don't think your capital could be working harder, you could skip the 1031 for simplicity's sake, it's up to you how you want to put your money to use and how much effort you want to put in.

Out of curiosity, which cities are you looking at?  

-no affiliation just googled it out of curiosity 

But out of curiosity, why start a VA S Corp when you live in a different state and work overseas? 

That's mainly where my curiosity came from.

@Steeve Breton what returns was this fund advertising out of curiosity? 

Just out of curiosity.  

He requested the copies of leases from the seller, totaled up what the deposits should be with accrued interest (we have to accrue interest and pay that back to the tenants upon move out here in MD), figured up the prorated rent for the month that was due to us, and then he automatically moved the security deposits and rents to us at closing from the sellers statement.

It makes me think that he doesn't really want to sell (he is not motivated at all), unless someone is willing and able to pay what he wants.As a curiosity, how do the asking prices compare to what the market supports?

Out of curiosity, how many offers did have to put in on different properties before one got accepted?