I got a referral one time and I brokered a 5 mil apartment building and made 2%  pretty easy transaction they were in a 1031 and paid cash..

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

That's according to The Business Journals' inaugural hottest housing markets ranking, which is based on third-quarter listing and sales data from Intercontinental Exchange Inc. 

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

and throw it at our principle on our SD property.I’d prefer to 1031 the property or Air B and B it . 

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

If this is the case, once their attorney reviews the lease and explains that they are indeed responsible for repairs, you could help out, if they don't have the money, and offer to pay for the repairs in exchange for a lease extension, or some type of repayment plan over time, etc.  

Otherwise many many many agents spend a lot of time and effort finding property and writing contracts only to find that the funds can't be transferred, or they don't have immediate access to the funds, or they need some kind of approval from 3-4-5th parties, or there are exchange restrictions, or 9000 other excuses.You probably need to find them a commercial broker who can handle whatever kind of investment they want to make. 

He was overwhelmed at first with all the "insider" stuff: the 1031 exchanges, cash-on-cash returns, and figuring out what an ideal cap rate is, especially in a hot market like Dallas.

@Jacob Sherman We have a partner that is going to sign on off the loan docs in exchange for a piece of the fees or a piece of the GP ups, still negotiating.