In my opinion you have to decide if you want to still try for a decent profit or if you want to get out without loosing your butt. 

If you're in a hurry to buy something you might bite the bullet and do it BUT if you can wait and be patient market conditions are bound to change as things are very cyclical.

Equity is expensive and you loose out on future appreciation whereas debt financing is still relatively cheap historically even in the rising rate environment.

If I select this option, my worry is that I may loose an opportunity to capitalize on the current market situation. 

Make a quick call to your lender, but if it isn't going to work you will just loose time in putting in an offer.

Asking 1,000,000 on 8 acres with some pretty loose zoning.

And for folks older than 40, their interest in a hospitality business with passive returns that have yet to be tested in current economic conditions is bound to be closer to low than high. 

He paid the price for his stupidity.THIRD, I threw around the term "slumlord" pretty fast and loose in my initial response.

They're bound by contract, but you need to be able to close on time to satisfy your 1031.

High interest rates, low interest rates, loose money, NO money (hello 2009!)