I’ve read some great information in the forums on 1031 exchanges, but have not found an answer to a question that I have.

@foster @Dave Foster will have other ideas, and you might want to use him for your exchange, he’s done a few.....

1031 exchange How did you add value to the deal?

Seriously, tenants often seem to forget that they as adults can handle issues themselves.Also, the AC system has no physical air exchange with the outside.

I would also wager that most new investors are overly optimistic or just plain inaccurate in general at estimating cash flow anyway, and overlook a host of expenses associated with high cap rate properties.

You can choose to waive your commission in exchange for a lower purchase priceb.

-Micheal VelezVC Property exchange

You'd have better luck asking them to give you a free toaster in exchange for opening up a checking account.If you have the liquid funds to purchase the property, present a fully executed purchase and sale agreement that can close in ten days or so.

So you'll want to do a 1031 exchange to avoid all of that capital gains tax and depreciation recapture. 

Some people prefer to focus strictly on raising capital for other sponsors deals in exchange for a share of the GP or LP.