As a licensed individual should you not have disclosed it might give the OP's attorney a wedge to substantiate some of their other claims, and foster the view that the non disclosure is/was a precedent to you withholding actual facts concerning the property/transaction.I would highly recommend a licensed individual consider including a disclosure of the license in any offers, and if wholesaling in any wholesaling offering.

I remember thinking that 45 days seemed like plenty of time, but I did run out of time on one 1031 without finding anything, which was disappointing because I ended up paying substantial tax on that deal.  

It may be possible to exchange all or a substantial portion of the portfolio into a single, cash flowing income property such as apartment units.

The only other option I'm aware of and you might want to explore is the IRS Rule 72(t) which allows you to take a Series of Substantially Equal Periodic Payments before 59 1/2 (again, discuss this with the expert, I'm not a CPA and this is not a tax advise). 

But sometimes a whacked out seller like this might not be able to unload the place so if you're talking a substantial discount it could very well be worth it.

Very typical suburban home - great for a family.Situation: I have the potential to take a job in Los Angeles at substantially higher pay than what I'm currently earning, but I wish to continue investing in the Cincinnati community since I know it so well, already have properties here, and the cash flow benefits are in line with my expectations.Any thoughts on renting single family in this area would be very helpful.  

If you are looking to access IRA funds before retirement age, you could always take 72t- Substantially Equal Periodic Payments.

You should probably consider renting the house is you can get a positive cash flow, but if you made a substantial amount of equity with your deal, it may make sense to sell and redeploy your capital.  

@Gary Li rentals will be reported on Schedule E unless you perform substantial services for your tenants (think hotel services such as: regular cleaning, changing linen, or maid service).

Other influences and factors must enter the picture.