Another good option if you haven't done so in a while would be to run the rental comps for the property, if the rent is below market you may be able to raise it and alleviate some of your cash flow issues while also maintaining the higher pay down rate for your mortgage.

Keep in mind you will get little to no appreciation from most of these homes, but I have strategies that I use to try and alleviate this for the long term.

Hey bigger pockets you guys are awesome.So we're I am deals are hard to come buy.fortunately I have a va loan and will be doing the old multifamily live in for my first.with this being said I have no landlord experianc e So for this first property if I can't fond one were the numbers are amazing but I can find something that is at least ok and not atrocious should I just move on it just for the sake of experianc e and just getting started or should I really just wait for a good deal and keep looking for a prime deal.eather way I will be well off just jumping in and say getting retail price would alleviate rent or morgage from me but I probably wont have cashflow and have to come out of pocket for repairs and capital items. but I would be able to save faster for my next deal. on the other hand if I keep looking till I find somthing worth while I could potentially have those cap items covered instead of just my morgage What should I do?

So this may alleviate the pain a bit.  

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But the simple fact that there is no debt alleviates a lot of the risk from the get go.

And the process itself adds $4-$6K more to a relatively cheap ($750) exchange.The good news is that it does alleviate some of the angst over 1031 deadlines. 

Which made me reaching out to him seem fairly attractive as I informed him I could alleviate him having to deal with it if he choose to sell.  

What helped alleviate some of the fear was knowing that I had a plan and hearing that it is not failure until you quit trying. 

This would alleviate the responsibility to the property after COE.