We do not plan on actually exchanging any money for the “sale” to the LLC.Is this really a “sale” or is it a transfer or is something else?

I guess what I am more so seeking is advice on whether to 1031 exchange for multiple single family homes, a few duplex or triplexes, or just an apartment building with 10+ units.

There is going to be so many auctions down there this coming week and next week, I am actually booking my flight down there for next week if I could.

That's actually something I haven't done that I'm not opposed to at all.

Anyway, at the current prices, the property would break even, which would actually cost money the second something broke.

The lease or lack thereof might not be an issue depending on what the actual issue here is.

She actually brought me a couple properties that could be great for both of us. 

Wow I always wondered if there were any wholesalers in Atlantic and Cape May county, now I guess I have the answer.I get a few leads coming in down by the shore there but haven't been able to pull up anything that's a real deal....so far...but I've only been marketing there for a few months so I guess you get back what you put in...I would be interested in jumping on your buyers list though!

I had a few friends Who did actually buy mixed use buildings.

Jumbo loan rates a couple years ago actually dropped below the conforming loan rates for awhile.