If you don’t feel like your local real estate market is a viable place to invest currently, then diversify into other investments like blue chip aristocrat dividend stocks (great passive income for retirement without the hassles of owning rental property), or syndications/ partnerships/ lending/ more passive real estate investment vehicles.

If i were to sell the property, would i be able to keep the funds without paying any sort of taxes or would 1031 be the best vehicle to minimize taxes.

There are better investment vehicles with much less work that would produce higher returns and achieve your desired income.

I put about 19K in my SEP in 2013 and my CPA says I should add $18K more to max it and hold off on buying more real estate.My first thought was that I never intended for my IRA to be my retirement vehicle - I want a large portfolio of cash flowing properties to be what I retire on.

This loan can be beneficial if you think that rates are going to increase.Either way, I would recommend against using these vehicles as a substitute for a regular 30 year loan as you will pay more in interest.

@Tony Gatto your property and your drone, and you are just taking pictures of your property, you're good, but look at the FAA basic rules because they are common sense safety rules (e.g. don't fly over people, don't pilot from a moving vehicle, don't fly in or near an airport, stay under 400 feet), but the most important thing to read is the classes of air space, then look up your area to see what class airspace you are flying in. 

Maybe a couple of parking bollards at the lot line will keep your renters vehicles from encroaching on his property (and the dumpster on it's own side)...win/win (???)

An LLC would be a good vehicle for multiple owners.

The assessment just hit $75k & the City will not even allow them to double the width of the driveway in the (wide) front lot for two vehicles. 

But the police will be dealing with the vehicle accident, the lost hiker, the rape victim, the assault, the fight at the bar (maybe if they even have time for that) well before they have time to deal with the loud music.