I would very much like to invest out of state as my local market price/rent ratio leaves no room for any cash flow whatsoever AND even though right now the market is hot like everywhere else in the country, this is a big time bust/boom that relies almost solely on energy the energy sector. 

But they'll sacrifice volume rather than quality.Changing geographies and sectors to take advantage of market inefficiencies is what the 1031 is all about.   

@James FigliozziI invest in Columbus, OH RE, huge growth to come from recent additions to the tech sector (google, intel, amazon, honda, and many start ups).

See rule 1  When Zillow, Opendoor , MF syndicators and Homebuilders are having difficulty making money in the current business climate, why do you want to force yourself to invest in a sector in which you do not even have experience ..Rather than losing money, better put that money somewhere else.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

Over the past 7 years  I have worked in the Energy Sector from the Rockies into the Offshore Markets in Corp Finance and Planning but have always had a strong desire and interest for real estate in flipping single/multi family housing and buying/holding rental properties.  

In the manipulation of benchmarks such as the interbank borrowing rate these banks were essentially messing with the cost of borrowing of upwards of $450 trillion in loans and derivatives worldwide.

I work in operations in the banking sector.

Will sectors of the real estate market be impacted by what's going on in the world?

Many of us accountants have clients worldwide.