On the other hand, having a tight nit, vested group of professionals at your finger tips is very appealing.

- We each have $285k (570k total) in our 1031s   - The remaining $570k goes to the loan on the lower thereby bringing the equity up to $810k and again meeting our 1031 obligations in terms of the replacement properties value and making timing deadlines exceedingly easy for us to accommodate—even while moving.

I haven't mailed them all yet (I'm on a very tight budget until I get that first deal so I'm only sending like a few hundred out every pay day).

Well that's a pretty tight idea.

@Taylor Philley  Make sure your numbers are very tight...seen $30K projected profits end up at break-even or worse due to bad contractors, poor management and unrealistic expectations (hold costs, repair costs, etc.).  

Then the tertiary sources of repayment from our OP's personal financial assets may cover some additional losses.Now with a long track record of great tenants, insurance, excess free cash flow with tight covenants, and full collateral and personal guarantee, the bank's still wont underwrite to the merits of the property? 

I am looking at Florida market but cashflow seems really tight...

Base cabinets are 24", so you're only going to be able to have them on one side, but even then that will be super tight. 

If you expect a crash and your cash flow is tight, the market is good NOW so sell them and take your profit.

I've been watching from the sidelines as a lender for 15 years, and recently put some deadlines on myself.