The 30 plus year ground lease plus the improvements made to/on the land creates/represents the new real estate interest that you will be identifying and acquiring as your replacement property in your 1031 Exchange.

Also, is a negative equity a criterion for identifying prospects off market?

We have savings for vacancy, but are worried that this will become a prolonged issue since it has already been almost two months and they have not even identified the problem. 

Really what follows after this round is the need, depending on what Reg D rule applies, to identify and document the correct investor, accredited or non-accredited.

., Robert Shiller was one of the first to identify the real estate bubble before the crisis.

Ralph Hogan In terms of your question raised, you can always 1031 exchange your net proceeds into another asset down the line if you wanted to sell the asset past the 3 year mark that Paul Morgan identified.

I've met a couple of good agents out of state and have identified some good cash-flow properties, and am fairly certain that's the road I will take.

The prop mgmt companies normally identify themselves in these ads, and typically have a pretty nice looking ad.

You need to drive around and identify what appear to be significant differences.

You certainly have a housing inventory in NEW, (the airport identifier, LOL) for rehabs.