"Too cheap" is a purely subjective term. 

This is largely due to the location and pure amount of multi-family properties. 

Purely looking from an investment standpoint and not planning to use it for vacation purposes any time soon. 

My first pure investment/rental property was during a depression in my area and I had just spent a few months looking at real estate, nearly every third house was for sale on many blocks. 

These are battery operated and set off an alarm after being left open for more than 1 minute or other programmable time.- Install a self closing door, so it swings shut after they leave.

That means I have recovered all of my cost and from that moment forward, the CF is pure profit.  2 - When the appreciated equity is equal to the paid for equity (DP). 

Hi Sam,Trying to project what a lender will do in a future downturn is purely academic.Things are probably being propped up now by the "governments" of the planet in one way or another due to COVID.We already know the US Govt. manipulates the stock market prices on the fly.As far as the lenders are concerned, from a business standpoint, they will probably make good business decisions, unless they are shut down and taken over by another lender.What are good business decisions (???)

And if you wanted to avoid all tax you could also simply purchase another replacement.Bottom line is the 1031 makes pure financial sense. 

Even if it's a one car driveway that just leads behind the houses or something maybe an easement could make it work, but if it's a pure one car driveway I wouldn't think it would make a lot of sense.

Recognize that any Web3 investment is purely speculative with no actual, tangible value and is not backed by any institution.