So if those two things are important to you - then private lending doesn’t fit your goals at all.

If you're choosing between such a wide variety of available investments, the most important criteria is choose the type of investment that suits your business goals.

Nothing will be up to code including the slab.

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

More specifically, analyzing hundreds of pages of text in disclosure packets including inspections and advisories to understand the risks when closing deals. 

The closing costs would be 19k with 5k in prepaids, with 14k in closing costs including broker fees.

This experience underscores the importance of thorough due diligence when buying condos.Additionally, it's crucial to be aware of state laws governing condo ownership.

I know the owners and they are both great guys and more importantly they are honest and full of integrity.

Best,GZHello @Gabriel Zepeda,As @Andrew Abeyta correctly mentioned, there is not a direct and clean way to use 1031 exchanges to pay off debt on your existing portfolio.  1031s are great for lots of things, and they're really important to serious investors; however, they are not very useful as a tool for deleveraging. 

Hi Daniel,Here's what I would do- Avoid courses.Talk to successful STR owners in your area and ask a lot of questions.Watch the main STR shows on YouTube including Bigger Pockets, Jesse Vasquez and those that show the caliber of the homes, ie Levi Kelly.