2nd opinion?

REI is a long game, but, in my opinion it is the best way to build wealth.I would start by narrowing down your market. 

. :)And you're entitled to your opinion. 

With those kinds of rents ($5,800 between the 2), even with a 9% cap rate, in my opinion those properties should collectively appraise for nearly $500k.

I asked this question with the SC BFI and am waiting for an opinion.

But I'm starting to wonder if and when some appreciation resumes, and if and when market will dictate rent increases.Appreciate any opinions - thanks

Any opinions or suggestions are most appreciated.

Quote from @Melissa Vass Scott: Hey everyone, would value your opinions as we are working towards building a real estate portfolio in the US. 

if anyone has any questions on the area, I would be happy pitch in and tell you, my opinion.

In this case, correct, 1031 exchange is not available. 1031 exchange is property for property, and an interest in a partnership normally is not (with a few rare exceptions, so you may want someone knowledgeable to give you a second opinion for your particular situation, which requires reading your inheritance documents.)Whether or not you have any mitigation strategies totally depends on your specific situation and requires a one-on-one.