They are trying to protect you from yourself and your efforts to over leverage yourself. because that's how you'd get to your next post of when the house of cards starts falling down and crushing you under it all. 

But your current situation with syndication losses doesn’t fall under the classic 1031 rules.

It seems that since rates are falling you should be able to do better than I did. 7.75 is very high in the market as of today.

I am a homeowner, bought in the Fall of 2012.

If accepted then you gotta hope your financing doesn't take too long or fall apart altogether, and then you have to pray your contractor does a swell job cause that is about as good as a coin flip, and then you need to make a wish that your exit is one timely and two at the price you suspected.Bottom line is, it is hard to set up a network built with pieces from 3 - 4 different verticals within the industry. 

As average incomes decline, city revenues fall.

It is an interesting time obviously with an election and rates coming down and potentially a good amount of inventory being built but as the fall and winter come fewer people who put existing homes on the market which reduces competition for those first-time home buyers.

Investment Info:Single-family residence buy & hold investment in Beacon Falls.

Buffett let the cat out of the bag years ago on mobile home parks and you're not going to fall into tons of discounted deals on anything right now.  

When you buy materials , there is no warranty and all the responsibility falls back to the owner .