They are locked in with a 6% interest rate on a property that we went above asking price on.

This is a hard job.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

We've put in a tremendous amount of work to make the RTR Academy community and education as beneficial as possible for investors of all experience levels. 

Now for the CRE owner, I do agree if you can find a value add 1031 deal at a good price, then you should buy it and the 1031 at $750 range is a much better deal!

@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut

do you have a team in place?

@Khaled El Dorry This strategy is know as a consolidation exchange, and like what @Adam Bartomeo said a single buyer might be difficult to find.

The date you are able to take depreciation is when the property is ready for renting (i.e. advertising for rent or obtaining a certificate of occupancy).

I once bought a house that had been on the MLS for over a year.