So it sounds like me you built additional equity into the home your living in now.

Still, this is a poor time in the rental season and 1 months rent can be expected as a cost of vacancy (in addition to the cost to clean and touch up - $900) .Finally and I hope this is is the last one lol - Another tenant is moving out Jan 31st and this unit also requires a full cosmetic rehab.

@Cole DobbsIn addition, I may be able to help you and connect you with some key real estate investor players in the Houston, Texas market since I am an Investor myself that have done most of these real estate investing strategies and also an investor-broker who has helped over 400 investors like you. 

This change benefits consumers and aligns with more efficient real estate markets seen in other countries.

What I found was, yes it was nice have additional income, but each project seemed to always interfere.

Thanks for spotting that additional "real property" question. 

In addition to having cashflow to add value and push equity, I still have had decent appreciation.

THEY ARE NOT LIMITED TO ONE PROPERTY.So, they can 1031 to 2 or more additional properties OR 1031 into a rental property plus a DST so that all the profits are used up in the exchange. 

I did just have my first GVR guest (arriving 1/14) ask me for one additional bath towel and face towel for each of the 3 guests.

We have been working to be extremely conservative with our estimates but with this being our first go at this, any additional expertise is greatly appreciated!