I saw 2028 is the opportunity zone deadline.A 1031 is much more flexible and liquid as you can sell or refi anytime.

Perhaps they really meant they were filing a separate Schedule E for each property.

As far as a next purchase or a savings, I personally prefer having a certain amount of liquid assets to feel comfortable, but also think that aggressive investing is what gets people ahead fast.

Meaning, liquid passes into it.

I am guessing where the money is stored needs to be easily liquidated in short order and not at risk of dropping in value.

They can be a good source of estate sales in which sometimes the family is just looking to liquidate quickly. 

I was acting under a timeline as I had an expiring apartment lease.

If you can raise rents in the future that may turn it into a winner, but you will have to cover the shortfall until the leases expire.

:@Brint DeVillingI would say you should definitely let Beth know about this offer on another property as your Realtors need to know your financial circumstances to move ....The Beth offer has expired, so there is no chance of the other jeopardizing the first.Yes, my lender is aware of the OO vs. investor situation.  

In the HUD LBP addendum, there's an inspection contingency that reads:The Purchaser has a contingency period that expires fifteen (15) calendar days from the date the contract is accepted by HUD to conduct at the Purchaser's expense, an independent lead-based paint inspection visual assessment for deteriorated paint or risk assessment.