Taxes on the original gains are deferred until December 31, 2026, and future gains from the OZ property can be tax-free if held for 10+ years.

Originally posted by @Joe S.

Originally posted by @Ian Kibbe:@Jeff Burdick - Ceiling height is  7' 6" -ish for most of it.

Consider the property prices, potential for appreciation, and long-term rental demand in both areas.

You also have to check out your current lenders MAX CLTV rules because it may cause issues with the first DSCR lenders original note/agreement.There are some lenders that have CLTV rules or will not allow a 2nd lien if it does not confirm with their Max CLTV similar to a 'Due on sale" clause.

Quote from @Chinku Chinku: Got a townhome in suburb area of Houston for long term rental close to katy mills (<5miles).

I generally went with private money first because I’d get better rates and terms.

You can offset other passive income of gains with depreciation from your long-term rental.  

You can build a list of target properties, call those owners, follow-up long-term and be there to buy or help them sell when the opportunity presents itself.

Avery Carl's Book, 'Short-term rental, long-term wealth' How did you find this deal and how did you negotiate it?