Like a phoenix reborn from the ashes, Tom’s apartment building at 625-629 Haight St was victim to a fire. Having lost his rental income, Tom got to work with the remodel and rebirth of his investment. With the haunting memories of late-night calls from tenants, and legal battles that ensued after the fire, Tom was ready for a permanent solution. NLX helped Tom in the education of net lease investments, and the full service of his 1031 exchange, identifying three replacement properties and closing on his first choice, a newly built Sleep Number in Fresno, CA. Tom deferred his capital gains, resurrected his cash flow, and dramatically reduced his management responsibilities. Most importantly, this move allowed Tom to retire two (2) months after the transaction closed, allowing him to focus on what he loves: travel.