Does a 1031 exchange mean that we have to take the entire 155k and reinvest it to reap the benefits of the tax free exchange or are we only required to use the actual profits from the sale?

If you haven’t used all your VA loan benefits you could potentially use your second tier benefits on a new home and leave the first loan in place.

So that certainly accounts in part for the low returns.I will point out a couple of things that I think need adjustment. 

But when the market cools in the slightest, Opendoor will have to seriously adjust to make any money.

I've heard story of people who held onto a buy and hold, complained about negative cashflow from raising cost and rent not adjusting to how they like it non-stop, but also doesn't want to sell because they like the appreciation (dead equity as some may call) and find it a hassle or just don't know what to do.

Does this mean they would remove the Sewer charge (Sewer charge is majority of the bill so I would benefit quite a bit)?

You can sell and pull out your equity and use it to purchase investment properties.Make sure you apply to get your VA loan benefits reinstated.

You will know where to spend your money for maximum benefit.

[And, I guess the show itself makes plenty].Can you afford to not make a profit, just for the experience and community benefit?

Michael and Thomas mentioned some of the benefits/ drawbacks of inherited tenants/ some of  the things to be careful when in such a situation.One way to know what your property might rent out for is checking local rental listings on Craigslist, apartment.com and other such websites.Good luck and keep asking your questions on BP!