In these instances, usually the transaction isnt structured properly from the start. 

I am working my way through "Start With Strategy" by Dave Meyer, and I am enjoying it a lot.

The closing of the property to start the reverse exchange actually happened approximately 1 year and 2 months ago.)

Before you even start spend a few hours and a lot of discussion to sort out every possible contingency.  

Cons: Property 1 has strong expected IRROption 2) Sell property 1 to pay off a construction loan on property 5 and purchase new SFR -- Pros: Improves cash flow by $1,000 / month, Adds $40k cash to bank account (after $30k loan repayment and $40k SFR purchase). 

The Disney market is oversupplied with condos, making it challenging to achieve strong rates during a typical market.

You should always start the call with something like this (not verbatim). 

. - the cost starts long before any generated income.  

So I started with 1 SFH.

I noticed the Chicago market has changed quite a lot since I started back in 2018.