@Levi T. my pleasure.

This might also scare away some tenants’ landlords from suing you if public records show that there is no equity...So when your family member gets a judgment against them and the creditor attempts to levy on the mortgage payment you'll have to explain there really isn't a mortgage and you really don't owe your family member any money? 

@Levi Ramirez It's great to see that you are thinking about the impact of your building on both the environment as well as the tenants.

@Jay Levy, A simultaneous swap can certainly be done and it can be done without the normal QI involvement with the 1031.

Realize that initial settlement is made with depreciation levied.

Also, Apparently creating an LLC will incur paying an Excise tax in TN of 6.5% plus franchise fee.

If they are not a REALTOR than usually you cannot levy ethics charges and you have to instead take up things with the real estate commission.Before all of that you can approach the head broker for the company.

@Chris Levi , in light of that information I would say wow, great deal.

Additionally, the renter also would like to buy the property.Should I sell the property and use the capital to buy in my new location, go the equity loan route, or does the community have better ways to take advantage of my situation.Thanks in advance for any advice you all may have.V/R,Levi

@Levi Pollard I was familiar with Colorado Springs because this is where I've lived recently when I've been stateside.