-Will be open for us to extend our inspection periodThe counteroffer sounds attractive since he's offering to pay for most of the repairs, even for an engineer to properly inspect the foundation.

Ed, your top priorities for a potential replacement property sound like 1.

.- They claim an 8-12% expected net annual ROI, which sounds promising.But it's always better to do your research and understand the risks and be sure before investing any money.

Hi @Shahar Segev, the theoretical part sounds fine (which is the easy part), now it is time for the doing. 

Exit Strategies:One concern on my mind is planning for the future – what are some effective exit strategies you've seen or experienced in co-owned properties?

The idea of going the route of small multifamily sounds like it may be a better route than a single buy and hold for my family.

You are looking to expand your portfolio: A 1031 exchange allows you to invest in larger properties or multiple properties.You have a long-term investment horizon: The tax deferral from a 1031 exchange can have a large snowball effect.

It sounds like something I could do here in our town of Dubuque, Iowa.

$8 million in Midwest RE portfolio and putting over 30% down - that sounds depressing.

It sounds like your best options are either a DSCR cash out refi, or a HELOAN.