Having said that, I think it's important to remember that each landlord has their own standards and criteria (although most are universal) and the product is a "one size fits all" solution.

I'm sure I'll get tarred and feathered for this, but I'm just returning from a long extending vacation and what a better way to get back into the fray but a healthy debate...I'd like to think that the posters on this forum "could see through the leaves for the trees" but given the media's love affair with bashing the lending industry, I can understand why...Sure loose lending guidelines, predatory lending practices and opportunistic lenders/brokers have an investment in the problem, but so do appraisers who overinflated values, borrowers that misrepresented incomes or miscalculated future earning potential and realtors that pushed the affordability envelope with the upsell---This being said, the sum total of these issues still doesn't hold a candle to the core drivers that seems to be remise from this thread.

Mostly so when you tell the next person (the one who might buy the place) you have something solid to back up your claims.As All Cash points out the issue can vary a lot and the solution will vary a lot.

Cross collaterization is a possible solution to make up the difference (down payment), but there are other solutions other then real estate that can be used.

When they went round the tree to pull out a couch, they were attacked by bees, and they left.

I believe the suggestion of credit cards is just his solution given my situation.

There are many solutions, we specialize in helping investors create an exit strategy. 

Then seek out solutions. 

Even with a failed 1031, that strategy can be a solution. 

Maybe this could be a solution for you?