This is not always so easy.

If you have that it can be as just as easy as doing it in your own market.

That will seem easy now, but I can tell you from experience it is not.

I don't think the idea is to pay off the property at par.In an easy numbers example, let's go with a house that has a $200K loan, but is worth $100K.

Not sure you can get an easy extension, that sort of defeats the point of maturing the loan.

My local lender asked for past 2 tax returns and still asks me for a recent pay stub every time I apply for a loan even though I now have 4 through them.One big paycheck might be easy to show (depending on your industry/pay scale)... tax returns show a better trend of your earning power.

Of course, we'll have to keep constant or increase the supply of buyers in the interim, which may not be easy to do with unemployment and the economy where they are now.

RE is an easy place to be taken advantage of.

I used this company: http://www.1031corp.com/1031-exchange-resources/Here is what they say about identifying properties:http://www.1031corp.com/1031-exchanges-made-easy/1031-identification-guidelines/

I have read some of the many post on this topic, and from what I can work out LLC's offer protection if they are treated and run as a proper business, and not just an easy form of protection against negligence.