Thankfully, many politicians rely on economists who are smarter than you or in framing economic policy and incentives for growth.For us simpletons, the biggest impact 1031 Exchanges give to the American economy is that - THE GOVERNMENT GETS TO TAX THE COMPOUNDED VALUE OF OUR COLLECTIVE REAL ESTATE INVESTMENTS AS WE SELL INDIVIDUAL RE.

This brings us to another psychological defense mechanism, which is avoidance. 

It allows you to accelerate the depreciation on your property which reduces your taxable income, saving you money and allowing you to use those funds that you were going to pay taxes with and instead reinvest those funds to compound your money.

If you focus on specific areas and understand the values and also get the proper insurance coverage and asset protection, you will do great through the compounding effect in your investments.

---------------------------As David Greene states, 'Cash flow is a defense mechanism when things take a turn.'

It would not be convenient to stick to the law.After the judge rules that the defense has failed to make their case you will have more time to study REI to understand how legal deals get done.Oh, if the contract was not filled in when they signed the seller can easily have the transaction reversed and then sell directly to the buyer without you.Read up on Power Of Attorney as a starting point.John CoreyPS.

Not only do you have many investors, would be investors mailing to them but you also have Realtors and Legal Defense Attorneys fighting for these leads.

If you try the intimidation method (aka 'I could make you pay $XXX for breaking the lease) you put the tenant on the defense and they will not going up and out of their way for you... they will do just want is needed to avoid your threatening hammer of fines.

However, to their defense they could state "WE ARE NOT PLUMBIMG EXPERTS" and are not responsible to fix the plumbing due to liability but that really comes down to your dynamic with your PM.

The contractors, in their defense, have to eat too.