It looks like your property would be great for people travelling with dogs. 

If it were a dog of a property and still penciled like this, I would be equally emotional.

There may be a period of a "government shutdown" for a week or two when non-essential personnel would be furloughed and financing of some programs put on hold.That's it until the next debt ceiling dog-and-pony show.  

Co-living spaces, communal workspaces, rooftop gardens, fitness centers, and pet-friendly facilities are increasingly popular among Millennial renters and homeowners seeking a sense of belonging and community engagement.Impact of Demographic Diversity and Inclusion: Millennials are the most diverse generation in U.S. history, with a significant portion identifying as racial or ethnic minorities.

So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likely they'll be inflicting significant financial damage to their portfolio… it’s probably best to opt out and pay the tax.1031s aren't structured in a way that makes someone "overpay" - it mainly comes down to poor planning which puts them in that situationNever let the tax tail wag the dog!

There are 2 types of people who dog on Detroit.. 1.

They can implement or may already have rules like no rental signs, HOA needs to approve any application (but they might only meet quarterly), no pets for tenants, owner must live in the house for 1-2 years before renting, no leases less than a year, limit on # of rentals, and more.   

You can’t because the tenant would have to say…I only want to live in this 2 square miles, I need 3 bedrooms, I want a 2+ car garage, I need a yard for my big dog, I want laundry in the unit, it must be on the ground floor, nobody above, between 1200 and 2,000sf.

Properly executed, an investment in these types of property can garner substantial passive losses, often equal to the amount of capital invested (or more) even in years where the benefit begins to sunset.A few words of caution: - Be careful not to let the "tax tail" wag the dog.

First the approved tenant moves in: perfect applicant, single mom with one kid, no pets... soon her adult kids move in with their kids and then her ex moves in with his kids and their kid's kids and their pitbulls and mastiffs...