You'll want to cover your bases legally and financially.

If you are wanting to consolidate: 1031 and exchange into a larger asset. 

@Troy Welch,I recommend finding an accountant that specializes in real estate taxation and financial planning.

Account Closed: All 3 you name are part of our goals: financial independence, quitting the nine to five, and leaving a legacy.  

Additionally, they've agreed to pay $200 more per month than our current tenant, which is an offer that aligns well with our financial objectives, even as we plan to adjust the rent upon renewal for the existing tenants.This MTM arrangement also perfectly aligns with our plans to make improvements to the property.

Grocery-anchored neighborhood centers, on the other hand, are highly sought after and often command cap rates in the 6% to 7% range, with better quality assets pushing well into the 5% region.For example, institutional investment manager Nuveen acquired Peachtree Crossing in Atlanta for $21.8 million, or $270/SF, in January 2024.

Comparatively, trailing 12-month sales volume peaked in the second quarter of 2022 at $140 billion, but has since fallen close to 60% from the recent highs.This slowdown highlights the lingering impacts of rising interest rates and the commensurate uncertainty around asset pricing as rent growth has begun to decelerate.However, private capital remains at the forefront of buying activity, fueled by a steady tide of fresh entrants to the sector and existing operators' efforts to beef up their portfolios.

Brand new to all things real estate but excited to learn about investing techniques, make connections in the community and begin the journey of financial freedom!

This, along with depreciating tax rate on real estate, makes houses themselves a depreciating asset, (the land it sits on appreciates, but that's another story).

Then I take the one that will hit my financial goal and I use that as my rule of thumb.