I suggest you go back to him asking about legal fee dollar numbers.You need also to specify the capital gain number.

@Dominic C Dessler I would suggest using the tools from this site and do a lot of practice evaluations and let someone review them who has a lot of knowledge.

I suggest you use a good attorney who specializes in eviction.

I suggest contacting two or three local property manager's to help assess the marketplace, location and get their opinion on rents.

I suggest you just sell the property the traditional way. 

If you can find a market thats affordable but within driving distance so you can at least keep an eye on the property I would suggest that before going to another market.

There are lots and lots of information and posts about 1031 exchanges here on the forums.I'd suggest the search function and the 1031 sub-forum and you'll find endless reading/education.

A lot of people suggest not having too many properties in one LLC also.It may vary by state but a UPS mail box that you rent can be used since it is a street address, not a PO Box, and used as the LLC address.

You can also look at each of your AirBnB 'comps' in your area and see if there is a commonality among the property 'hosts' or 'co-hosts', and if there is, I'd suggest you reach out to that person to learn more about your local market.

My properties there have been pretty stable with very little turn over although I would highly suggest doing a thorough tenant selection as with any rental.