Currently own two rentals and close to getting a third.

In my opinion, I would much more be interested in receiving a small amount to flip, make profit from and return the amount in whole within terms of a legal contract between both parties.

@Roberto Vasquez, A 1031 exchange is an entire process that involves the use of an unrelated 3rd party called the qualified intermediary whose sole job is to document the sale and purchase transactions and to hold the funds inbetween. 

Some of my clients were purchasing a second or third rental property.

You can't get that if the applicant submits a third party app. 

Renting the property to a third person qualifies as possession. 

@Thomas CryerI like to keep a third aside for reserves, repairs. 

Have owned/sold 2 other primary residences in GA and CO.Income Source: Salaried W2 (My  military), 1099 independent contractor (wife realtor,  third year),  rental income approx $48-50K year but cash flowing about  $2K month.Monthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $ One  car payment of 350 per month, 2840 personal rent, FICO: Right at 800, some over some say high 790sCredit issues: none.Thank you for any advice or questions. 

After a couple months we felt comfortable enough with what we were seeing that we decided to get a second one and then the goal is to hopefully get a third sometime in 2022.

The third outbuilding (former apartment unit) has been cleaned and considered for complete renovation to become unit number 27 as a short term rental in 2022.