If you got audited and had never made any efforts to rent it and just ran late or too long to sell, perhaps you would run into problems.I wrote about this is my blog - but here is the key part below. https://www.earlwhite.law/guide-1031-exchange-new-jersey/“Dealer Property” Not AllowedProperty held for resale (often called “dealer property”) cannot be included in a 1031 exchange.

Human safety and property security always overrides economics.

Bear with this long existential post, and here it goes.I'm a 30 odd year old human who bought a few properties in the sub 3% era these past few years.

@Peyton LaBarberaAs humans we have a negativity bias we go to the worst case scenario in our minds. 

If you have or have had a financial mess to clean up that makes you part of the human race.

These entities include: Publicly traded companies meeting specified requirements- you know those on the stock marketMany nonprofits but not all- the not for profit has to be approved, filed, and registered with IRS and the state.Certain large operating companiesOther entities that are exempt from BOI reporting include: Sole proprietorshipsUnincorporated associations such as HOA'sEstatesFamily trusts includes Revocable Living TrustsNatural persons opening accounts on their own behalf a human who uses their real nameTrusts (other than statutory trusts created by a filing with the Secretary of State or similar office)Authorized users for credit cards, your children on your VISA card I wrote 50 times to vest in Living Trusts and save the filing costs, keeping money separate, and paying for extra tax returns and attorney fees.

Take this time to learn all you can about contracts, negotiations, financing and human behavior.

What I've found in LA is that the sponsors aligned with gurus tend to play fast and loose with the SEC regulations around unlicensed broker-dealers.

Affordable income SFR property management can often be a brutal pill to swallow to one’s perception of humanity.

**The size or nature of the animal makes it impossible to house safely our humanely.