Based purely on cash flow it sounds ridiculous, but life and real estate isn’t always about cash flow.

Also compare the joy involved in each.- If you love managing, then do it with excellence!

If purely residential, creative use strategies and layouts can really help boost yields and the resulting quality of the product.

Now someone could say they enjoy working so they find joy in working 70hr weeks.

Heck, I even find joy in it when a squirrel eats a hole through the kitchen ceiling, the fire alarm blasts for no reason, and the tenant's kid secretly turns off the "do not turn off" switch to the heater, necessitating an emergency call to the electrician.Three years after retiring from freelance writing, I'm looking for my next act.

Focusing purely on the numbers.Opportunity Cost of Renting: No AppreciationLet’s start by understanding the concept of appreciation in the context of real estate.

One says we need to "perform a 1031" the other said that it is essentially a pure exchange and no action is needed for my dad since it is an exchange and no money is changing hands.  

Very sound words from a pure business economics standpoint. 

My name is Joy I'm a mom of 2 little ones, I owm my primary residency currently (FHA 5.75%).

That flips as you add units, anything 5+ for example the market for buyers is near 100% pure investor - so value will be mostly determined by rental potential (cap rate)