@David Nadelstumph if you cannot find a suitable 1031 solution, consider exploring LP interests in mobile home parks where the sponsor is electing bonus depreciation.

A couple questions about Airbnb in Indianapolis. 1) Is there enough visitor volume to get it rented out weekly or at least biweekly?

Yes, generally interest-only payments, with a term suitable for getting refinanced.I recommend giving your lenders a first-position lien on the property, for their peace of mind should anything happen to you.

This requires the tenant to police their visitors and occupants.

@Michael Plante, I'm not really sure how to answer your question except to say that I just have not found work that is suitable for me.

I was wondering if anyone has, or is trying to do the same thing, and has any advice for finding suitable properties.Thanks!

If you do 5-6 showings an hour, you can show it to 20-24 people, and should find a suitable tenant.Good luck!

Says Not suitable for children.

I have 3 healthy STRs in a popular lake community that draws about 6M visitors per year.

However you also have to consider what you're going to do when your tenants move out at the end of their one year lease, and how long it may take for you to find new tenants that are suitable to your standards.