We are closing on our first multifamily home and would have benefitted from the reduction, now not so much.Add to the fact Trump wants to limit mortgage interest deduction and remove 1031 exchange, both huge reasons to be involved in real estate, his presidency is already looking grim, and that doesn't even consider his social policies, just what's relevant to this community.

When you get a deal you can go out for coffee with a respectable wholesaler from there and offer to split the deal in exchange for guidance through the parts you're unclear on.

I have a friend who owns 40 doors in Cleveland, but an exchange there would give him 75 or 100 more because they are worth less and he doesn't have the time or expertise to manage it.

It depends on the market and what you are comparing, and you can get nice properties with higher cap rates, but for the most part if you see a very high cap rate you are likely to be taking on much higher risk to get there.If you think about it-- in exchange for the high returns your friend is seeing, he has to deal with a lot of headaches and is at constant risk with bad tenants (I'll argue all day long that bad tenants are the most costly thing of a rental property investment).

I'm about to have a house on the market for $450k with $175k in equity and plan on doing a 1031 exchange.

Russia will most likely continue to buy for political reasons until something changes there.I am guessing the British currency will continue to drop in value compared to the US Dollar. 

If you lived in the house for at least 2 of the last 5 years, do not 1031 exchange.

During the course of the 7 years, a caretaker will live in the basement and will maintain the property and perform other duties in exchange for a reduced monthly charge.  

But depending on the area, ads at laundrymats, currency exchanges and train stations work great.

FCI Exchange, Note trader and the BP marketplace all have what look like some ok-ish deals.