A hypothetical to see how people factor costs when rolling equity forward into additional purchases.For this example assume  you purchased property “A” for 100k, and put 25% down. 2 years later you sell it for 125k so you now have 50k (25k from your initial down payment + 25k in equity).

My thought would be househack with minimum cash contribution, force some equity, then do a rate/term refinance roll in costs and get refunded your escrow balance and another $2k at closing. 

Some of their products have a toxic smell so you have to be wary of that, especially if you have animals around neither you nor them can be exposed to it.Meaning you might want to test paint a room and see if that solves your problem.Good Luck!

If you can't satisfy this 3 point test, there's significant risk associated with pursuing an STR strategy no matter how well the project underwrites today.

This first one is the test for me.

Unfortunately, your accountant is right about this one.In a 1031 exchange, the goal is to roll over all the proceeds into the new property to defer the capital gains tax.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

Your first few deals not only get your bank roll going but they also set you off on the right foot if you have success.

Not sure about cons because this is a flip, but I do wanna fix it right and pass the static test for foundation warranty.  

The real test comes when the unexpected happens: market shifts, economic downturns, or unforeseen challenges.