However, newer properties don’t always cash flow well, and you’re giving up significant equity in exchange for a home that might not provide you much financial gain immediately.

How does 1031 exchange works.

In a court situation, would email communication suffice for appropriate documentation for daily exchange?

I don't plan to buy anymore unless I do a 1031 exchange.

not to mention you can go on E bay and for 50 bucks or less you can buy any Guru's printed materials or tapes.. they all give them at the start of their seminars in exchange for the big fee's folks pay to go.. 

Cash-out refinancing can be a great way to leverage equity, but there are other strategies you might want to consider to hit your goals faster.1.1031 Exchange: Rather than just refinancing, you could trade up to larger or better-cash-flowing properties tax-free through a 1031 exchange.

@Bradley Hendrix, You can allocate the proceeds any way you want, as long as you purchase at least as much as you sell for, and use all of the proceeds in the 1031 exchange.You could sell the apartment and purchase Two SFHs with a 1031 exchange. purchase one for cash and the second with debt.

Zillow’s Market Reports: These show market appreciation trends across different cities, helping you spot high-growth areas.5. 1031 Exchange:If you sell your current property and reinvest in a higher cash-flowing property, you may want to consider a 1031 exchange to defer capital gains taxes.

Consider bringing in a partner who can help fund the rehab in exchange for a share of the profits.

Just sold my 3 unit and did a 1031 exchange into a 6 unit.