The Reverse 1031 Exchange allows you to spend all the time you need to locate, identify and acquire suitable Replacement Property.

What else should we consider besides cost of acquiring the home and rehab, selling price, and rental comparables?

I am a 24 year old who graduated college with about $30,000 in student loan and pay-day loan debt and will be acquiring about another $20,000 in loans to obtain my MBA.

-You currently live in your primary house-You acquired a business from husband (hopefully a property, as it was not specified)-You want to sell that business and 1031 exchange it to a triplex that you saw-You want to move into one of the units of the triplex and rent out the other two, while also renting out your previous residenceDoes this sounds correct?

I have a 2-flat in the Chicago area that I just acquired.

,Yes, you can acquire and close on your Replacement Property before you list and sell your Relinquished Property.

What are some essential aspects I should look for when analyzing a market in preparation for making a purchase and what should I know about mortgages as they relate to loans in regards to selling a property after acquiring it through a down/ principal payment?

Some folks limit the $$ value in each LLC, others limit the property count, still others use a mix of the two.As has been pointed out, property needs to be acquired by the entity using the entity's resources.

At that time I was just starting to acquire SFR.

You will need one to be part of your team and help acquire properties.