On the other hand, if you are getting good return on your money in your 401k (more than you would pay back to your self on the loan), you can also explore doing a conventional financing.

You must roll over every dime to avoid taxation and any recapture.The question was if you did a cash out refi prior to doing an exchange (and lets just keep it to equity above any taxable gain and depreciation recapture) to get some of the equity, how long before hand to not have it be an issue?

My initial thoughts with the people that have approached me over the past couple years was to split the cash flow because they weren't interested in being hands on but wanted long term cash flow.

Well after this little adventure I've decided to take matters into my own hands by taking on landlord responsibilities myself, after dealing with the PM for a year I never saw the value in their service, and so the move is long over due.

We can give you a hand.

I expect another revision to the mean to happen in mid to late 2015 or thereabout.When it does, I have investors and cash ready to go and start buying with both hands.

I am Realtor and have used their services a good handful of times.

@Ronnie Sparrow - sounds like you're already in good hands.

The acquired building were over 100 years newer and had more modern/desirable features like central air conditioning, integral garages, and fireplaces.Another time I 1031ed property in a distant town for property much closer at hand and easier to manage, it also commanded higher rents.

Based on my experience it would all matter on the deal at hand.