Consult your 1031 exchange agent for guidance.Both the relinquished and replacement properties must be held for investment or used in a trade or business.

Hey guys, I live in Phx,Az , single no debt what so ever, in car sales business (self employed)and monthly I make anywhere from $3k to $10k after everything, experian score is 640, im guessing with that fair score and no proof of income Im looking at a crappy interest rate and big down payment on at least -$300k, here in Az anything lower than that its because it needs re habing and to be honest i dont have no experience whatso ever in that field and dont want to end up in a money pit.

Going from MFH to NNN retail or industrial, you are trading one set of issues for another, though presumably easier issues.

After all, some of the best of the trade are also investors too.  

Although Reston as a whole has experienced this as well, with a 23.8% vacancy (Source) for the entire submarket, the Reston Town Center in particular has just a 4% office vacancy, with Boston Properties Group, planning to deliver another 1.1 million square feet with Reston Next.Boston Properties Group (BXP), is currently the largest publicly traded developer, owner, and manager of Class A Office property in the United States.

Half of my portfolio is OOS, and I haven’t seen most of those, even after 10 yrs, but I get trusted people to take pictures and I send specialized trades (plumbers always and sometimes electricians) during DD period.

Areas like Williamsburg have small multi-family properties trading at a premium when compared to Bushwick, Bed Stuy, Ridgewood, and surrounding neighborhoods.

Sometimes players need physical therapy (rehab), some need more 1-on-1 coaching (optimization/advertising) and some to be traded (1031 exchange).

The advantage is that you can trade stocks and write the check to make the investment from the same account.

Depending on your strengths and experience, you may choose to do some of these services yourself but like most things in life, you are trading your time for cost of having someone else do it for you.I think it really depends on your strengths, how you want to spend your time and much you want to scale your business.