I was mainly thinking about the effects of putting an entire strong cashflow back into the mortgage.

And with that, the investors have to hold themselves accountable for whom they selected, ever wisely or foolishly, to invest there $ behind. 

Somewhere in the middle may be an LTR owner who is used to doing the hard work of tenant selection, routine maintenance, and rent collection.If that owner is used to doing all of that work to receive their monthly rent, would it be appealing to enter into a business-to-business lease with an MTR arbitrage operator?

The Dunning-Kruger effect is running rampant in the forums.

So 1031 effectively reset the qualified/non-quaified use of prior owned property.

It's a type of house hacking that's very effective to get your foot into the real estate investing door. 

The irony of the 1% "rule" is that those who could even use it effectively don't need it, ie if you need to spend more than 30 seconds thinking about whether it fits the guidelines you're probably not educated enough in RE to use it anyway. 

Tons of jobs and growth which allow for better tenant selection, low crime/safe, etc.

I must admit their sales pitch is effective.

Unless otherwise stated in this Agreement, Tenant shall establish their own utility accounts, effective no later than the lease start date, pay all utility charges, and maintain accounts in good standing.