Even though I was cash challenged I held onto my house (putting past due payments on the backend) and had equity to sell, pay off debts, and get my credit in check.

1031s cause you to overpay for your properties" or "I love 1031 buyers, they pay they most for properties"Both are emphatically FALSE.It is true that some 1031 buyers overpay for their properties because they are unorganized and undisciplined - BUT 1031s aren't structured in a way that "Makes an Investor Overpay"Here is our advice to clients so you don't "overpay"Before the 45 day identification clock even starts you can do the following:1.

I recommend a structural engineer further evaluate and make recommendations related to this observation” And regarding this make-shift supports: “Temporary posts exist in the basement that should be considered for replacement with a permanent support system.A temporary post is noted as a support to the ground that does not appear to be resting on a footer.This temporary support post is holding up a metal beam supporting a large portion of the house.This is a structural concern that should be reviewed by a qualified engineer/contractor”I will include a couple pics as well  pass, go buy land and build in columbus. we build on slabs you won't even have a basement with ugly pics. 

I would highly recommend hiring a designer for that one, even if it's just a virtual option.

Otherwise be cautious taking that money out just to make some investment, overleveraging can kill you before you even start. 

I even told him that when I was at his event.

even with .95% with today's interest rates, they seem to cash flow fairly well.

Even if you did have $100,000 just laying around...how many properties could you buy with 20% down?  

Many properties are unrented, even at heavily discounted rates.  

I have been reluctant to even consider renting it out until just this week.