Additionally, it’s perfectly located with close proximity to both the ski slopes and downtownI received an email directly from the seller saying: 'I have changed my mind about the sale of my home and would like to terminate the contract.'

Additionally, the replacement property must be real estate to qualify under IRS rules.

Hi BiggerPockets Community,I’m exploring the idea of renting my 5-bedroom property in Tampa, Florida, to traveling nurses and could really use your advice! 

These are professionals with additional training and a stricter code of ethics.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

Have you started thinking about your strategy or exploring potential markets?

We rehabbed the entire property and added an additional bedroom to each of the units.

We are starting to explore options for buying his shares to eliminate him as a risk and a roadblock but still have funds leftover for growth.

Welcome to the real estate hive.. are you open to exploring off-market listings through your network?

That said, I'm grateful for the alternatives you present--you're keeping the bottom line in mind, so I appreciate your help in exploring options that achieve the bottom line for the investors.