The 1031 exchange is a gift from the IRS to allow investors to build wealth using the tax deferral.

If you want a risk big and win big proposition, that's Grandma Millie's Sewing Shop. 

If you are not planning on living there too, you would only be able to offer a gift to that person and you would likely not qualify as an eligible gift donor unless you are closely blood related. 

Reason being, if you're shopping for a new PM, a nicer property with less of a hassle on maintenance will open that pool up.

I'm shopping insurance again this year because my first renewal is in May and Farmers is raising the cost by 30%.

Currently, Tremont and Ohio City are top destinations due to their walkability to shops and restaurants.Keep in mind that if you get approval, you can't have more than 15% of STRs in a building.

From there, narrow down your budget range and then start shopping more seriously.

Hopefully someone from the area can chime in but shopping quotes from reputable and well rated or referred PMs will illustrate a better picture for you.

When its family and you have time to pay it back or its gifted its okay.

I personally don't think they are just a shop set up to take 800 bucks from a bunch of people...