A 1031 exchange does not apply to primary residences.If you plan to use the proceeds to buy land for a business, consider whether the land qualifies as an Opportunity Zone investment.

This property offers spacious townhouse like setting floor plans offering one, two and three-bedrooms.

,  occupancy rates, capex plans, competitor rental rate study, market study, etc.  

@Josh Ball thanks Joh - plan to do all comms via vrbo messaging Appreciate your quick response

The plan is to keep operating the property as a PadSplit post-acquisition.

Any insights, tips, or recent experiences would be greatly appreciated as I plan my next move!

Simplify the structure as much as possible, have clear roles and responsibilities that are not overlapping (meaning only one person is allowed to make certain decisions) and a clearly defined exit plan.

But I know that the leaders are working on plans to fix it and they are very skilled and effective.

This could easily cost you $10’s of thousands if you plan to stay in the home 5+ years when you return. 

Being able to look one of these sellers in the eye and tell them that you can, as a licensed agent, either list their property or attempt to assign the contract, assuming wholesaling is legal in your state, is a huge credibility booster.2) Get an entry-level job, hustle, save as much as possible and plan to house-hack when you turn 18-21.