The U.S. is forming more households than ever, and that trajectory will likely remain the same due to population growth.​​

I also recognize there are different motivations behind SFR investing.

@Dani Beit-Or,Yes, since you're taking some profit (the primary exclusion) out that would reduce your reinvestment requirements by that much.the 1031 exchange will defer all of the remaining gain and the depreciation recapture.In your situation, you will have a total profit of around $1.5. 

Feel free to DM if interested and I'm happy to help.Competition is tougher than ever, we're requesting all our clients budget $2-$3k per year minimum in upgrades to remain on top.

The Philadelphia rental market remains strong, especially in high-demand areas near universities, hospitals, and transit hubs, so vacancies can generally be minimized with the right property in the right location.

We have parted ways with a bunch of "STR slumlords" as I call them but still some cheapskates remain.

Tax writeoffs are a big motivator for sure but not my sole reason for being in real estate.It sounds like investing in a condo in a place like Branson may be one of the only viable options for me, basically I'm looking to diversify to have more than just LTR's at this moment.

I wouldn't be shocked if there's a political motive, but I definitely think it has to do with worries about the economy in general. 

I am remaining diligent with this project because I am rusted around the joints.

Just don't change your address to your parent's house, that would throw up a red flag. as long as that remains your primary and you aren't renting it out for at least a year after purchase, there shouldn't be any issues.