If that happens, it will probably stimulate the economy.What I mean is it gives people a choice to re-invest or to buy a Luxury Yacht, or a new Mercedes AMG.On the political side they are probably doing it to increase the tax draw so they can have more money and control who gets it when it is distributed vs stimulating the economy.In reality the 1031 is a pain due to the rules, but it does allow faster accumulation of wealth than if you paid taxes on it.In many areas the basic necessity of food is sales tax free, they should make all income from the basic necessity of housing (real estate) tax free--like tips used to be.

Sometimes it is, but just as likely it is another expense, typically 1 month rent for new leases and 1/2 month rent for renewals.Where I see this property making sense is if you can drive rents, due to all the new demand, faster than expenses.  

Some banks will do a portfolio loan faster if they are keeping the loan in-house.

Granted it might not be in the best interest of the bank however they would get their money faster because I would buy it subject to any other liens.

I simply looked at my investing strategy and decided if I want to obtain my goal faster I needed to tweek my strategy just a bit to include a few flips a year. 

Stacked up a handful of rentals over the course of a year and wanting to scale up faster.

The faster I got a solid “heck NO”, the closer I was to my 1 out of 10 sales.  

I’m going to use a weighted 10% for collateral or downpayment= $500,000 you need.  

They've tracked over 100,000 rentals over the last 18 months and discovered that pet-friendly properties don't rent any faster than no-pet properties.

@Antoine Martel doing a cash buy then refinance is a smoother and faster escrow process in my opinion.