It does not hurt your 1031 Exchange, but you will pay some taxes based upon the amount that you trade down by.  

I know if they are being moved, they can just break the lease with no consequences.... and no notice, I dont want to be left dry like that.Any experience?

The time period for the construction will depend on when you start, how well connected to the trades you are (will you be the GC or are you hiring a GC?)

Use your net trade-lines monthly and pay immediately.I use Quill for toilet paper and Uline for window cleaner and paper towels.

I would be happy to trade some info for info.

Thinking about tax implications is very smart as it's easy to accidentally create a tax consequence if not done correctly.

Would love to trade war stories sometime.

Start an account with a brokerage and start trading to gain experience.

I stumbled upon bigger pockets while surfing the internet.I am a union construction working currently at the world trade center.from what I have read real estate investing seems very promising.here is my situation I am currently renting an apartment for 1400 a month.I am married with two children.now I am confused on how to start out on this adventure.I have $70,000 in savings and good credit.should I obtain a multifamily home  with the objective of having a tenant pay off the house I would live in,or do I stay in my apartment while seeking out an investment to purchase and possibly fix for rental income .how should I start

You should find out what class C properties trade for in your market and try to buy at that cap rate or better.