With the new 5% down program they are also hesitant to have such a large upfront cost which prevents them from buying a second property next year. 

There are specific lenders where you can get up to 10 properties as long as they hit a certain rental income to debt ratio.Should you want some help planning out how to get into a rental and scale your portfolio, or hear about my investment journey in Sudbury don't hesitate to reach out!

Make every moment count, and when the opportunity arises, don't hesitate to invest in accelerating your progress. 

If you ever have questions or want to share your experiences, don't hesitate to jump into the discussions.

I'm considering diverse options for reinvesting the proceeds ($200k+) from a planned 1031 exchange and am open to various strategies:Las Vegas/Reno: These markets offer potential for both cash flow and appreciation, but I'd need more information on their suitability for mid-term rentals and current market conditions.BRRR strategy: This approach could be attractive for value creation, but I'm hesitant about out-of-state management and require a turnkey or experienced team to handle renovations.Other locations: I'm open to exploring other markets offering favorable investment opportunities, particularly turnkey properties or areas with manageable maintenance requirements.My preferences:Turnkey properties: Minimize management headaches and focus on cash flow.Limited appreciation: While some appreciation is welcome, cash flow is the primary priority.Shorter-term rentals: While Airbnb isn't an option in my current area, I'm open to exploring short-term rentals in other markets.Avoidance of major renovations: My recent experience has solidified my preference for well-maintained properties.Current portfolio:3 duplexes in Missouri (mixed performance)1 single-family home in Memphis, TN (turnkey, positive experience)Questions for the community:What are your thoughts on Las Vegas and Reno as potential investment destinations?

So, if you have any ideas, insights, or stories to share, please don't hesitate to chime in!

There's a ton of valuable advice and experience in this community, so don't hesitate to ask questions and soak it all in.

The BiggerPockets community is super supportive and full of great tips, so don't hesitate to ask for advice.

Consulting with a local agent specializing in those types of deals would be highly beneficial for you.Don't hesitate to dig deeper! 

If you are interested in digging deeper into any of these ideas or just want to talk real estate investing - which I always love doing - don’t hesitate to reach out.