1031 exchange is a great option for upgrading - units, cashflow, class, location.

Main house will rent for $3k/mo once upgrades are complete, and if we ever decide to move out.

That may also give them some time to make repairs, upgrades, or setting up new marketing efforts to prepare for the next busy season.

If I'm upgrading I go to 200amp since the price difference is all that much. 

LVP flooring, paint, upgrading small fixtures)Please feel free to PM or comment directly!

Hello,I have money for one deal but can’t decide what is better, a duplex/triplex out of state (Maine probably) or rent my current primary residence, upgrade, rinse and repeat. 

They said if can get those, they would be very flexible with any other terms for the remainder of equity.Current roadblocks:However, PITI=~4300 >LTR=~3500 and entry would be high at 15-20% so likely the best exit for this would be to buy creatively, and hold until find a wrap buyer, which I am not familiar with how to quickly find.Other two best alternatives = quick pop and top flip by finishing basement + very light cosmetic rehab/upgrade OR MTR as within 15 min drive to 2 of the biggest hospitals and Atlanta GA, and close to the famous East Lake Gold club which is part of the tour.If you are familiar with structuring hybrid deals, wraps, and/or Atlanta GA markets, please reach out.

Purchase price: $63,000 Cash invested: $70,000 Sale price: $215,000 Project Overview:a complete floor to ceiling renovation with an added bedroom, full basement reno, custom kitchen, and a full list of other upgrades. https://youtu.be/BXD5TU2VCsA?

If you can find a good enough deal to do some cosmetic upgrades you might be able to make decent money selling to a first time home buyer, or maybe turnkey rental investor.

Plans for additional upgrades in the future.