Again, the BiggerPockets store has some books for this or you can learn by watching podcasts, reading blogs, and interacting on the forum.

I think @Dave Foster and @Kathy Henley gave some great advice.  

Originally posted by @Dave Foster:@Christopher Lynch, If you sell and have lived in it for 2 out of the last 5 years you will get the portion of gain allocated to the side you live in tax free. 

Day care provides this type of structure and social interaction with other children.

Originally posted by @Dave Foster:@Jason Schmidt, Lower end properties are the first hit in a market correction. 

If not, you will get overwhelmed and/or respond to leads in different ways which can get you in hot water- For me, I only text leads back this way it eliminates he said/she said interactions and due to the volume of leads we get for our rentals it is not time efficient at all to call all of them.

That said, I have never hung out with them or had much interaction except for conversations in the hallways or backyard or when I handle maintenance calls.

The loan officer that you use tries to "sell" the deal to the underwriters, who have no interaction with the lendee.

@Dave Foster is a great resource for all things 1031 here in BP. 

But guess what happens as we continue to grow: the Law of Large Numbers starts to rear it's ugly head, for better and for worse.As we continue to rent our houses and units out over time, we are going to be interacting with many new people.