Your rentals should only perform better over time as rental income increases faster than property taxes, insurance and other expenses.How much will that contribute to your retirement income?

Was it better cashflow, newer, or bigger/more units?

But if I want to invest money providing better terms than those options, he's happy to take the better terms.I don't want to ask for the terms of his best alternative, and even if I did, I'd likely still post this to verify.

It is very easy to do. 75% of my real estate brokerage clients are people who have exchanged in or out of a different asset to make their lives better - more units, bigger buildings, newer buildings, better location etc...1031 is the way to go with a solid real estate team. 

With the goal of better tenants.

Much better cash flow than the springs but will incur far less appreciation IMO.

Using your numbers above you would still net 102,500 minus costs at 75%Great point Jay, I guess a better question may have been how much more will it cost to do 80/20 vs 75/25Thank you for your insight

There have been some changes over recent years like LTR and STR licenses being required now, but it’s still much better here than most places all in all. 

Better to have some type of protection and not need it , than need it and not have it .

Seems like it could be something to do that could make the cashflow work more.Reason I ask is as I put proformas to see if buying a rental is better than investing in the market if I had the same cash available to start and additional cash flow each month (or negative)Thanks