@Brandon Hall  not all lenders require a minimum number of trade lines.

But here's the quick version.Property that qualifies for 1031 treatment is property that you "hold for productive use in business trade or for investment".  

There are some areas where for existing product the cap rates in good areas are trading low.

I always enjoy trading landlording war stories cemented by the mutual line "this is a ****** business we are in."

I think he is great for life advice and how to be happy, but I've never heard him mentioned in terms of being any kind of financial expert.My favorite quote has always been- "Only take advice from the people you would trade shoes with."

. -- Don’t just be a “jack-of-all-trades" 3.

They say not to become a jack of all trades, but an expert in one!

. -- Don’t just be a “jack-of-all-trades" 3.

. -- Don’t just be a “jack-of-all-trades" 3.

So really there's no point in griping about low refi appraisals if the trade-off is all the at-value purchase appraisals that let us close real deals.