Unfortunately with those numbers it's tough to find a non-bank lender/financial institution that will lend.Usually loan minimums are $50K and the up to 75% LTV on purchase-money/70% LTV on cash-out refinancing, which basically means you need up 25-30% depending on the type of financing. 

The market is always evolving and there may be good deals to be had near term or you may need to wait a while, depending on many factors like interest rates etc.

>The fact is there are more money and guests than ever in the STR worldi think this is very market dependent.  

As far as being expensive; if the tax liability is not large enough then yes I agree, however, it depends on what is being sold too.

He was knee-deep in a 1035 exchange that felt like trying to translate legalese while juggling chainsaws.

Hi Kmsuea, it all depends on your commitment to actively looking for and purchasing a property. 

But the likelihood of success with that depends on the specific street.

I plan to continue to invest in a mix of both RE syndication and our own rental properties going forward depending on what makes the most sense and offers the best returns. 

It really depends on what a slight difference is. 

We put $75K down to begin with and likely have $85-100K in equity ( depending on what non-scientific source you check since I haven't had a full appraisal done) on it.