Many people are suggesting to do a 1031 but have no idea what your gain / tax is(if any).Co-ops in the tri-state area 'normally' don't appreciate a crazy amount.The main reasons is the high monthly maintenance costs, over-leverage of the board, potential difficulty of buyers getting a mortgage and the approval process of the buyer.With that said, talk to your CPA to discuss what your gain / tax would be before thinking about a 1031 exchange.If your tax burden is low, don't bother with the 1031It may be possible that you have suspended passive losses to cover your tax burden.best of luck.

On our development side we stopped going because it was getting too costly and time consuming to deal with.Not sure if they are still around, but check out ForeclosureRadar.com.

I wonder if the extra cost is worth it or not? 

There is also an online database here (free) that has all public records.

I signed up tonight as a business member and was astonished at the 3 time increase in cost for what seems like 20% of the old value. 

Just do a search.As much as I love saving money, stick with one of those real PM software if instead of these "banks" offering add-on accounting for free.

I am looking to cash out refi however my current mortgage servicer has high origination costs to do the refi.

Please feel free to add to the list. 

The key is to show the long-term benefit, including both the steady income and the future sale profits.If you put together a clear proposal showing the return on investment (cash flow + equity appreciation), it could be a compelling case to bring in a new partner to buy out the current one.

Feel free to reach out if you have any questions.