I believe that every Landlord should contact their representatives and let them know that it is not right to collect a debt from the Property Owner that they did not incur.

Normally a HELOC they want to see equity and debt to income ratio.

So, if you believe in bad debt vs good debt, then use good debt to speed up success.

Effective Date: 04-01-1986 5313.07 Proceeding for foreclosure and judicial sale.If the vendee of a land installment contract has paid in accordance with the terms of the contract for a period of five years or more from the date of the first payment or has paid toward the purchase price a total sum equal to or in excess of twenty per cent thereof, the vendor may recover possession of his property only by use of a proceeding for foreclosure and judicial sale of the foreclosed property as provided in section 2323.07 of the Revised Code.

And, in comparing myself to most college graduates (who tend to have, on average, about $29k in debt upon graduation), I'm not in terrible shape. 

Once you have sold the property the owner carry becomes a debt instrument and is not eligible for a 1031 exchange on it's own.However there is a way to still combine the owner carry note with a 1031 exchange.  

(you possess the property while having to put down less to possess it) Being more leveraged in the property means your rate of return on investment, or ROI, will be greater.

A guy in SF with 5 or 6 properties is doing pretty well assuming his debt is under control.Account Closed that was a made up example.

The equity is the difference between the debt and the FMV.  

Two of the residential squatters also had possession of another store.