This is why a machine cannot calculate for the irrationality of a person buying a house over value because they like the cute garden. 

Start with getting rid of high interest, “dead weight” debt ( cars, credit cards, personal loans, student loans, etc.).

If you don't mind debt at this point you could move further into NNN ownership which gives you plenty of opportunity to be involved without being on call 24/7.I'm thinking though that you might be a better candidate to use the Delaware Statutory Trust to keep your toes in the water but also have more leisure time while still generating income.DSTs work well with 1031 because you must vet them like a piece of real estate not a stock. 

They then sold that and bought a 250 unit in OKC all C and D class and had to move there as they almost lost  it in foreclosure.. took 5 years of them living there and managing it personally to stablize and finally sell.. then bought a 20 uniit back in Oregon where it all started.. this over the course of a few decades.

@Gerardo Waisbaum, is this personal capital or LP capital?

Can you personally get that right now?

Option 1 and 2 involve either ground up construction or a space you're not familiar with.

I just liked the personal touch of the outreach with some value-add. 

@Corben BriggsYour attorney would be by far the best person to get this document from as they will know the property, what it needs to say and state laws surrounding it

I am trying to raise the 10% down and bring in a partner or GAP loan person.