1031 options for retirement

[Gretchen P.]

My husband and I own 3 properties and are nearing retirement. We'd like to be done landlording, and don't want to have loans. Each property has a loan currently. 

1. Can we sell one property (and not 1031 it) to pay off the loans on the other 2, then sell the paid off properties as 1031?

2. What options do we have that require less involvement than conventional rentals? 

Thanks!

[Drew Sygit]

Quote from @Gretchen P.:

My husband and I own 3 properties and are nearing retirement. We'd like to be done landlording, and don't want to have loans. Each property has a loan currently. 

1. Can we sell one property (and not 1031 it) to pay off the loans on the other 2, then sell the paid off properties as 1031?

2. What options do we have that require less involvement than conventional rentals? 

Thanks!

Hmmm, 

Invest in a Fund that you have ZERO control over or just hire a PMC that you should only need 2-4 hours a month overseeing their management of properties you own & 100% control?

Oh wait, PMC's charge 10% plus other fees, so maybe 15-20% total annually.

But, how much will the 1031 cost and the Fund fees be?