Try changing up your call to action - it's amazing how changing just one or a few words can increase or decrease your response rate. 

Further, campaign officials have stated that they will take aim at “so-called like kind exchanges,” leading experts to believe the 1031 Exchange Program is on the chopping block for high-income earners.The elimination of this program for high-income investors could cause them to hold on to properties for longer than in the past and may have the effect of decreasing supply and demand Sounds like wishful thinking on Your part but ok  

LLC:Default taxation is that of a partnership with profit distributions allowed to members of the LLC Owners' personal assets are shielded from risk LLC is not considered a taxable entity for income and therefore profit/loss flow to the owners' personal tax returns Involves a self-employment tax Requires registration with the state (which poses questions considering we're looking to invest out of state)Corp:Members are shareholders rather than self-employed; personal tax returns are not involved Corporate tax rules apply - entity is taxed on net earnings and then any dividends paid to shareholders are taxed as well (double taxation)Would paying dividends be required? 

Unless your costs are decreasing you are giving yourself a pay cut when you don't raise the rent. 

Decreased listings result in reduced supply.  

The benefits really depend when counted against how much capital gains you will face versus a decrease in flexibility when buying a new property.I would buy a rowhome I can legally subdivide into two units in a desirable area with a strong tenant base though!

@Brandon ColbensonIf the owner would seller-finance, he could spread his taxable income over the life of the loan and only pay on the cash he receives each year. 

But the other problem is that if that property continues to appreciate all of the gain would be taxable since they'll could be over the $500K limit even with the proration.So there will be tax if they go the primary route and it will take time. 

I'm thinking about doing a rehab or full flip, potentially while living in the property to use some decreased downpayment advantages. 

Sell the option to purchase to them (this will be taxable) and use that money to buy another property.5.