In truth the units (all 2/1) I have an average of $3,250 updates to each unit required to maximize rents. 

I've been selling products on ebay for some time, so I have some income coming in.

I am the product of a failing school system.

Any kind of real estate that has been held with the intent of holding for productive use can be sold and exchanged for any other kind of real estate that you intend to hold as an investment. 

My name is Alex and I first got interested in real estate at the end of 2017 when I realized I didn't want to drift into the "average" lifestyle I'd seen modeled by most of the people in my life. 

I need a real estate line of credit product for those of us who know what we're doing and need to move quickly, with reasonable flexibility! 

BUT your down payment is SIGNIFICANTLY less than any other loan product....well, almost any other loan product. 

HML traditionaly are for short term lending situations NOT buying rentals.. some have morphed into a rental product.a few others to consider.Visio LendinghomeLendingonethese are legit..who is not legit is usually one off people that advertise on facebook..and other places.. offer rates that are under industry averages.. then hook you for a small application fee that turns into scam money and you never hear from them again.unfortunately real estate is prime ground now for Nigerian prince scam type things.Couple reasons .. the Internet  the huge demand by those that have never bought real estate or a rental entering the market and have no real experience to understand the industry or what is real and not real.

You cannot 1031 into properties you already own or to pay down a  loan on a property you own.You're lender is probably giving you a partial release when you sell in exchange for a certain % of the net proceeds from the sale of the one unit.While it is conceivable that you could do a 1031 on this sale I think you need to look closely at the issue of intent.  1031 is only available for properties you have purchased with the intent of holding for productive use. 

Comps show average value $139K.