@Felix StoneIt's a complicated question.

I dug deeper to read that we also need to post in the paper a number of times...this is more complicated than the 30 second online form we filled out for our 3 Colo properties.Thanks for your guidance and thoughts!

I see three forces complicating things for many buy-and-holders using the 1031 exchange: 1) COVID is causing many to diversify their holdings to mitigate potential losses.

Ask if they have performed the same type of job you have, if they completed the job on time and without major complications and without multiple change orders and ask if they would hire them again.  

Also as I think through the mechanics of the scenario you proposed it becomes complicated.

Obviously, all of this is complicated by COVID and state eviction moratoriums.

In short, I try not to complicate investing in Real Estate.

It's a little hairy and complicated, but the bottom line is that both you and the LLC should be on the policy. 

I sent you an email, would love to discuss further.Question: If a property is $150k  and I only have $50k eligible funds in the 401k that can be moved, can I finance the remaining $100k easily or does that complicated?

At the time I had never done anything more complicated than renting to my roommates, so the thought of being a "landlord" from another state terrified me.