It will easily be your most trusted resource with your specific case.2) Fema will not cover anything business-related I was told multiple times.  

As long as the aggregate net purchases are at least as much as your net sale you'll still defer all tax.The other consideration is that you can allocate your net proceeds in any way you want on those multiple purchases. 

Excited to connect and have access all the resources that this awesome community has to offer.

For the STRs, there’s probably local podcasts or resources you could tune into.

As you look to expand, you’ll find plenty of resources and advice here.

@Bracken Bjorn The answer is in the local data...and the data might look differently to you than someone else...it's really about your goals, tolerance for risk, available resources, and personal preference...

It represents allocation of the sales price when they sold this property later on.

You are no longer a professional, valued resource because you've told your client through your pricing that you're not worth paying much for what you do.  

I'm also on the board of CFRI, the local chapter of the National REIA so that might be a good resource for you to check out too. 

Expect to allocate less time  towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).