The concept is that property is passed to heirs at a stepped up tax basis, that, if sold, will not result in depreciation recapture, or capital gains taxes for your heirs. 

I've done a few 1031 exchanges, they are a valuable tool!

And if they couldn't afford it, they should have sold, moved to what they could afford. 

As you and I know, a quad would be sold typically to an investor. 

These specific questions should be posed to the agent that sold you the policy. 

Focus on one or two target markets, get familiar with the numbers, and use tools like BP calculators to analyze potential properties.Whether you start now or after graduation depends on your bandwidth, just have the right systems and support in place first.

In a consolidation exchange your time frames start at the sale of the first relinquished property you are selling, so you really want to be proactive on getting those other properties sold.

Stick to these tools, and you should be significantly happier with your next renters 

Their REITs were initially sold to the investing public at $10.00 per share.  

I've seen some options recently for credit reporting for your tenants rent payments. Is this something you've ever done as an individual landlord, or is this something more for larger multi-family properties only? One...