Derek LeBlanc ,your equation above neglects to account for holding costs and for the buyer to have any profit.

Hopefully this equates to 10+ units and inches me much closer to me "leave the job" cash flow goal muhaha!

I was able to refinance a few years down the road and improve the cashflow equation, which may have ultimately been in the red at first, but it was never realized via out of pocket expenses.

You rejecting someone based on legal status can easily be extrapolated into racial profiling, if the person's race is part of the equation here..

He always equate wealth with cash.My parents passed a few years ago, by 2013, the property was worth $1.1 million.

The reason this doesn't sit well with me is that I don't have control over my cash flow, every property is subject to the affects of rent dropping, but I see no need to add an increasing HOA fee to that equation.

I said that because that's what I regularly do on the other side of the equation.

Another item that plays into this equation is the location of the property.

You have 45 calendar days to identify your potential replacement properties and you have an additional 135 calendar days after the 45 day ID period to complete your 1031 Exchange by acquiring and closing on your replacement property, which equates to a total of 180 calendar days to ID and close.

At the end of the day, he understood that I took him into account in the equation, but understood the position that I was in.