Thanks for your reply Phil. 

So if I look at the money I'll have to earn, over the amount I'll have to pay ($1,800.72/$3,346.07) I'm basically getting a 53% return by using that saved money to kill the MIP, correct?   

Andrew,Thanks for your reply.

Do I have that correct?

Hi Ashish - Thank you so much for the reply! 

Price the property you are going to sell for the exchange correctly for your market and you have a great shot of completing the transaction without issue.As for your original question, yes we are planning or doing 1031 exchanges forever.

Account Closed is correct, if you are planning to sell the property there is a lot of benefit in marketing as a new build. 

Plus a home inspector WILL find more issues with your house, even if you get what you mentioned above corrected. 

REI has historically been very competitive.Cash is not king in real estate investing...deal flow is (lots of it).If you don't start now, you will have no experience or relationships if a correction occurs.If a correction occurs, lending/capital sources can dry up.Investors over-estimate their ability to pull the trigger when prices are crashing and there is no end in sight.If you can generate even a small positive IRR from real estate during an economic recession, idle cash is the risky choice (and is very costly over long periods).All properties and markets will not loose significant value in the next down cycle (real estate is local and good locations will always perform well).Investors can add as much or more value to a property than the potential loss of value in a downturn.If we have capital that we have to put to work, prudent real estate can be the flight to safety.I don't like investing into a hot market but sitting on the sidelines for years is not a viable strategy...just have to be really careful.If you are a market appreciation only investor, ignore this post...that can require some market timing.Interested in everyone thoughts.

We tried multiple times to get the document corrected and even to just get a blank copy to complete ourselves..nothing..another waste of money.