Your doctor, the dentist, the nice old lady who has funds sitting around begging to be used, or even the auto mechanic who does work on on your car?

Returns are nice, and the programs seem to have solid safety mechanisms in place. 

Second, the mechanics of a 1031 is very specific but not well defined in terms of specific timelines on the hold period.Another investor asked if there was a specific holding period.

Building is old (built 1900) but mechanicals are fairly new (last 4 years) roof is 15 years old. units are horribly dated and will need rehab when tenants move out but 2 of the tenants have been there for over 15 years and don't ever plan on moving.

Obviously once i get a proper inspection i will know more in terms of age of the mechanicals and how good the roof is and other things.

Michael, I apologize that you are not familiar with the mechanics of a Deferred Sales Trust. 

(Yes, I know I have simplified the math here a little and used round numbers to illustrate the mechanics).Inflation is another factor in this game.

She is designer first, so she brings a good perspective of not just the mechanics, but also how good design can push your sale price even further for little additional expense.

For example, if its a mechanical shop, might be harder to finance then an office space.

and you have to put in re lease fee when tenant leaves and 60 a month unless its a basically all new mechanicals and such is way lowif your going that route you need to get to 10 doors ASAP.. to make this realistic.. otherwise in my mind if you cant scale owning one rental house and hoping to make 200 a month in any of these markets you take on some pretty good risk.when you have 10 houses you will have cash flow every month.. and easier to deal with it plus your bringing in measurable income IE 2k a month or so.