I need to reinvest about $1,120,000, and have looked at everything from single-family homes, multi-family homes, apartment buildings and commercial properties with either office, medical or retail.Friends think I'm crazy to buy single-family homes since I'd need a number of them to satisfy the 1031 exchange requirements due to the low cost of properties in St.

I have coverage under the homeowners policy, but what if it didn't fully cover the medical expenses?

@Danielle Gronnestad the way I got my first house was one near school (A condo in Puerto Rico that I have not been able to get rid of but still renting lol) but I have had it for 10 years and never made one payment out of my own money since when I lived there I rented out the rooms and when I moved out I have rent it out to law and medical students.  

Take advantage of interest rates.Problem: (a) initially will loose money on investment property even with 40K down (b) be a landlord (c) interest rates will rise(2) Sell & Wait: I could take the proceeds, build up my cash flow, and wait until a buyer's market.Problem: (a) don't know when a buyer's market will emerge (b) have to live somewhere (c) interest rates will rise.(3) Lease & Wait: I could rent my current house out at 1,700.00.

Between the Blog Posts and Podcasts you'll find tons of information not only about how to spot deals in emerging markets but also on 1031's.

Your profession being in the medical field should provide all the private money you will need.

The link you provided points to medical practice finance.  

I am a warehouse manager for a medical device company.

I will also have a $1000/door in the bank for large emergencies and vacancies.

Lets say another emergency happened or I lost my job.