These are professionals with additional training and a stricter code of ethics.

From my research Paul Gulbronson is the main principle of Citrona Homes.

You can have the best operator who has the the highest degree of ethics, and you can still lose your money.

The principle of a 1031 exchange may work, but the math probably won't, as has been pointed out by others.Should I continue?

Since that time, I have been involved in a few transactions and am a principle on 173 apartments in the Chicago area.

Hi there, I don't know that you really need to do that, just apply the extra as principle when your monthly payment is due.

If you've spend more than one week in any market (I'm primarily in Indy and in the midwest) then you've seen:- Houses that are "pending" and the realtor thinks closing is coming but it is being fished out- MASSIVE spam and abuses of people that get HUNDREDS of calls a day from "wholesalers"- The same deal advertised with 10 different prices- Sellers who are lied to and taken advantage of- Wholesalers lying about values, rents, etc.Yes there are ethical wholesalers for sure but our collective immune system should be stronger and there shouldn't be so many people like this. 

Principle pay down is not.

In 64, Main was the last state to allow attorney’s to accept contingency fees, 77 in Bates vs State Bar of AZ the door was opened to attorney advertising, in 83 the ABA changed its ethic rules changing the standard for ‘frivolous’ lawsuits, and from 80-00 the Civil Procedure rules which limited the capacity to bring lawsuits without clear and stated causes were transformed to allow cases that would have been tossed out of court to go forward.

You can apply these same principles in California.