This allows you to be able to indefinitely defer all of taxes on investment property, and use it to purchase larger or multiple investment properties.

We have a few projects under our belt that we also own/manage at this point...we completed an 8 unit project (all rented) and we completed a 5 unit project (all rented) and we are in-process on a 9-unit project and have a larger one in the hopper (maybe 18 small units that will be sold, currently has two units rented). 

Typically larger groups have more people splitting the cost and it has not affected us in occupancy versus our close competition.I would maybe be wary if you are in a hyper competitive market or market segment. 

Along with my wife, 2 yr old daughter, and one yr old son, we have two large dogs that stay indoors with us. 

Then there are calls about all sorts of minor stuff - and just odd behavior, like calling the gas company at midnight because they thought they smelled rotten eggs….. getting our gas shut off for a day, bringing over questionable house guests, bringing over a small dog and housing it without asking, and just overall kind of being a mess.

:)  Did you get into larger multifamiliesI have business partners who are exploring larger deals, so I expect that I will eventually be involved in them.

When looking for an investment in the Poconos area, I know it's best to look for higher bedroom count to encourage larger groups that can split a higher per night cost. 

Depending on the size of your portfolio, I suggest considering either "PROPERTYWARE" or "INNAGO":Propertyware is ideal for larger portfolios, offering customizable and automated reporting features.Innago has been very effective for me, enabling property marketing, conducting screenings, and managing rent and maintenance requests.

Real estate investors were full time real estate business people who owned larger type properties.  

During this same time period my wife and I both quit our jobs and started a dog-walking company.